GOLD 0.51% $1,391.7 gold futures

gold heading to $4300, page-40

  1. 5,526 Posts.
    Thats wrong beermee.

    Fiat money is a subset of general credit money (money backed by promise to pay in goods or services controlled by the creditor). However, fiat money is a special type of credit money in which a government, often through a central bank or reserve bank, has taken the responsibility of being the major creditor backing the currency.

    Name anything the government can use, weapons, trade of goods. Have a quick look at what GWB had to buy to get allowed to attack. Type in George Bush buys 900 acres( from memory) which gave him so rights. If you can't find it i will post it soon, just feeding atm.

 
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