Was my comment too esoteric?
Maybe it has to do with what the law defines as money and why the Treasury prices gold at $42.22 an oz.
Gotta love that credit, it buys a lot of things!
But, that's just my guess...
Was my comment too esoteric?
Maybe it has to do with what the law defines as money and why the Treasury prices gold at $42.22 an oz.
Gotta love that credit, it buys a lot of things!
But, that's just my guess...
The only ones who benefit from the conflation of money and credit are the issuers of credit with no money.
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