[PLUG-TALK] Bank fraud

John Jason Jordan johnxj at comcast.net
Mon Jan 14 02:46:09 UTC 2013


On Sun, 13 Jan 2013 14:18:52 -0800
"Richard C. Steffens" <rsteff at comcast.net> dijo:

>On 01/12/2013 10:35 PM, John Jason Jordan wrote:
>> Have you heard about the $1 platinum coin proposal?\
>
>Last Tuesday evening on Marketplace on OPB radio they interviewed the 
>artist who created the quarter for California. His thinking is that
>the face on the coin should be that of Charles Ponzi. One of his
>options for the other side is Icarus flying too close to the sun.

Indeed.

If it was backed by an actual $1 trillion worth of real platinum, that
would be one thing. However, I'd be surprised if the US government
owns more than a few bucks worth of real platinum. So the reality is
that it will be a steel slug plated with platinum to a depth of one
atom. In other words, more fiat money.



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