Should the US dollar be backed by any tangible asset?
2007-01-20 19:40:30 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
It should be, but it isn't. The current world banking system and fiat currency scam is about to crumble. The governments know it--
2007-01-21 09:51:47 · answer #1 · answered by surfinthedesert 5 · 0⤊ 0⤋
IT IS ! It is backed by the strongest banks in the world, U.S. Banks. China has invested heavily in U.S. Savings bonds, it's economy has soared and it needed a place to put it's money, The U.S. Dollar may fluctuate on the world market but, it is still the most dependable banks in the world, and the MOST stable.
2007-01-21 03:51:21 · answer #2 · answered by Anonymous · 0⤊ 1⤋
ahhh by this do u mean actual gold? YES i think it should be... like it was before the Federal Reserve Bank... have a look at this documentary !
it is a bit long but very well worth the watch if you are interested
It's called Money Masters, just search on google video or copy/paste the link below. Total is about 3 hours but sooo worth it.
http://video.google.com/url?vidurl=http%3A%2F%2Fvideo.google.com%2Fvideoplay%3Fdocid%3D-8753934454816686947%26q%3Dmoney%2Bmasters%2Bduration%253Along%26hl%3Den&docid=-8753934454816686947&ev=v&esrc=sr1&usg=AL29H22CXp4epwTpMaYWN2CQrIwzIbTN2w
and also
http://video.google.com/url?vidurl=http%3A%2F%2Fvideo.google.com%2Fvideoplay%3Fdocid%3D-2665915773877500927%26q%3Dmoney%2Bmasters%2Bduration%253Along%26hl%3Den&docid=-2665915773877500927&ev=v&esrc=sr2&usg=AL29H23z1j5mJdmtaCj_1QHtmVVeGBmeUw
2007-01-21 03:48:52 · answer #3 · answered by nick_in_miami 3 · 0⤊ 0⤋
Nope. It'll make the eventual crash of our economy ever more sweet.
2007-01-21 03:47:37 · answer #4 · answered by Terry W 3 · 0⤊ 0⤋
yes, Iraq.
2007-01-21 03:48:32 · answer #5 · answered by Sid 2 · 0⤊ 0⤋