18 Oct 2014 6:10 pm
Read the statement wrong
I thought you were asking 'How would we do business with nations if we were using fiat currency?' Which of course is a ridiculous misreading on my part, as I know that you know we already are.
So, can you explain how, if the dollar was once again backed by a physical commodity, how it would prevent trade with nations using fiat money?
I'm asking sincerely because I don't know.
I thought you were asking 'How would we do business with nations if we were using fiat currency?' Which of course is a ridiculous misreading on my part, as I know that you know we already are.
So, can you explain how, if the dollar was once again backed by a physical commodity, how it would prevent trade with nations using fiat money?
I'm asking sincerely because I don't know.