Quote:
Originally Posted by ebacherville
its monopoly money.
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It's not monopoly money its actually called Fiat money. The gold standard is by no means perfect and if it was a better system we would still be using it. It doesnt matter that you cant buy a gallon of gas for a quarter anymore becuase the minimum wage is not $.50/hour anymore either. Inflation is not bad at all if it kept to a minimum, like 2% a year or so.
Oh and the Federal Reserve is very much controlled by the U.S. federal government, lay of the right wing talk radio.