AgTalk Home
AgTalk Home
Search Forums | Classifieds | Skins | Language
You are logged in as a guest. ( logon | register )

Germany also continues to take back gold.
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
John Burns
Posted 11/23/2014 20:03 (#4197157 - in reply to #4196688)
Subject: RE: Germany also continues to take back gold.



Pittsburg, Kansas

It's never become worthless in any historical event I'm familiar with. Guess there is always a first time.

The French did make it punishable by death (guillotine) to even price anything in other than Assignats (their paper currency). To only even state an alternative price in gold, silver, barter or another country's currency ----------- schlishhhhh ------- off with the head. So I guess technically by government decree in France at that time gold would have been only of jewelry value perhaps. But the reality was otherwise. Even under penalty of death, the Assignats were loosing value so fast people bartered and used other means to maintain their buying power.

So if you see Obolla giving an executive order for some guillotines from France........ beware. New currency controls are about to be put in place.

John



Edited by John Burns 11/23/2014 20:04
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)