Re: 18 trillion...
in response to
by
posted on
May 31, 2015 12:39PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
You're absolutely right no fiat currency is backed by gold anymore if it ever happens gold will have to be massively revalued many times higher than it is currently to offer legitimate backing to the hugely indebted fiat currencies out there. It's a matter of confidence after all its just a piece of paper saying trust me I am worth a dollar/pound etc. and will be next week too.