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12-30-2007, 01:59 AM #11
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Who here likes Ron Paul?
Dude, I am not trying to debate, but inform.
The idea that "money" needs to be "backed" by something "real" is wrong because 1) money is a commodity (like anything else of value), 2) wealth is a social construction, and the only things that have value are those thing we GIVE value, so 3) there is not such thing as REAL wealth.
Go back and read my posts above. I have tried to explain this -- if I am not clear I apologize.
Again, this is not really debatable. I mean, if you want to argue that 2+2 equals 5, knock yourself out.
EDIT:
I agree 100%.We need to pull in to the US and pay off China and get the dollar back where it should be.
The problem is that Bush's policies have really left us with no real answers. Doing both of these things at the same time is very difficult, and will lead to recession (which is likely inevitable anyway).
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