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Re: Keynesian Chickens Coming Home
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sczech
fiat and gold
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Jan 30 08 11:38 AM
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All those who are not happy with the fiat system should contemplate the option of converting all their paper money into gold and hold their savings in that metal. In that sense, the present monetary system represents the best of all possible worlds as it offers everybody the choice to either play the paper market or to hold tight your funds in gold coins. If you want to be safe, stay in gold. If you are not afraid of market fluctuations, continue to play the paper markets.
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