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will the traditional system work?

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Posted: Thu Feb 19, 2009 6:05 pm   Post subject: will the traditional system work?   previously with the finance world, central reserve bank was allowed to issue ( print) the money , only with the proportion the amount of the gold they have in stock. So all the paper cash printed which used to be available in the market was having some connection with the gold reserve the country has.thus putting some taboo on FIAT cash. Will that system will work ? if implemented it will surely prevent frauds which we are seeing on wall street.	amit Senior member Joined: 25 Jan 2009 Posts: 366 8.19 Dollars($)
Posted: Fri Feb 20, 2009 1:32 am   Post subject:    Lets hope something stops these big wall street rollers. I am not really sure the system will work but at this point any action is better than none.	fireyone Senior member Joined: 07 Jan 2008 Posts: 1993 2.31 Dollars($)
Posted: Fri Feb 20, 2009 2:10 am   Post subject:    it should always balance out right.	goodnatured Senior member Joined: 04 Nov 2007 Posts: 1212 0.07 Dollars($)

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