Leading Economist: Dollar Faces Outright Collapse
Instapundit.com wrote an interesting post today on
Here’s a quick excerpt
Mar 14, 2008 02:07 PM PST Category: ECONOMY When this nation was started, it was founded on a monetary system of fixed value. The dollar is, as originally defined, a weight measure of silver, 371.25 grains, to be exact. Our American silver dollars are actually heavier, since other metals were added for durability. But that 371.25 grains of silver WAS the dollar, matching in weight an unbroken chain of accepted monetary units that reached back through the Spanish Milled Dollar, the Dutch Dall
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