Hint U.S. Currency was Re-Designed some years ago, and I noticed a Very Disturbing Difference from the before and after(New Bills) What Say Ye ?
2007-01-25 15:36:02 · 6 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
they'd go to the federal reserve bank in manhattan NY in the wall street area.
there hasn't been any gold held at fort knox in a very long time...
2007-01-25 15:45:13 · answer #1 · answered by ladrhiana 4 · 1⤊ 0⤋
Not a darn thing, our money is no longer backed by anything its a fiat (I'm unsure of that spelling) currency. I'm sure people would freak out, but the way most Americans go about their lives they might not even notice.
2007-01-25 16:07:58 · answer #2 · answered by dream.like.there.is.no.tomorrow 1 · 2⤊ 0⤋
I think it would not affect the economy. In theory, our economy is based on the value of products and services, not gold.
I'd sure be wondering where the gold went.
2007-01-25 15:42:12 · answer #3 · answered by speakeasy 6 · 0⤊ 0⤋
It would have no effect at all. Nixon took us off the gold standard.
2007-01-25 15:47:47 · answer #4 · answered by Crabby Patty 5 · 0⤊ 0⤋
Nothing our money is no longer backed by gold or silver!
2007-01-25 15:47:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Oh didn't you hear; the gold was moved to a shed on Bush's ranch in Crawford where it can be safe.
2007-01-25 15:44:05 · answer #6 · answered by George B 2 · 1⤊ 1⤋