Tuesday , 23 July 2024

Tag Archives: promissory notes

Robert Prechter: Grams of Gold are the Best Currency But…(+2 K Views)

Have you ever traveled abroad and taken a look at the local currency and wondered how the citizens of that country could take seriously what looks like “Monopoly money?” I’ve got news for you: You’re using the same stuff. Monopoly money is the money over which some government has a monopoly. It is the currency of the realm only because the state makes it illegal to use any other type. Words: 633

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