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"the government would look ridiculous." You criticize me and then make my point for me. No matter what the truth of the matter is the only thing the treasury w
by TrevorJ 17y ago
"the government would look ridiculous."
You criticize me and then make my point for me. No matter what the truth of the matter is the only thing the treasury would say publicly is that they are fakes, that's my point. Even if a portion of the bonds where real you would never hear about it. Period. Find out from whom? Other bondholders? Why would they want to destabilize the value of the bonds they hold?
No, I'm not saying they must be fakes. But come on, do you REALLY think the treasury is completely open about all of it's dealings? There is a reason we went off the the silver standard. There's all sorts of slight of hand you can perform with fiat money that you can't get away with if it needs to be backed up 1:1 with silver.
- dinkumthinkum 17y agoNo, revealing a cover-up of such a thing is much more embarrasing than the original problem.