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RE: Mooney's Bill Could Take the Gold Price to the Moon!

in #market7 years ago (edited)

I posted about this bill yesterday. If nothing else it demonstrates that congress is not completely ignorant of honest money. The thing about this that would be advantageous for the US is that a skyrocketing price of gold and a gold backed dollar would neutralise the national debt. Of course the world would also experience crippling inflation, but it would solve the big debt problem. Gold holders would also be very happy.