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John Smith · September 27th 08, 10:55 PM posted to rec.radio.amateur.antenna

wrote:
Cecil Moore wrote:
...

How do you suspect that when a $1 silver certificates was exchangeable
for $1 worth of silver?

Unless you did the exchange a REALLY long time ago, the transaction
is break even.

I think he was simply pointing out that something still backs the
"worth" of a "silver certificate" (well, if it still existed, in reality.)

Since our currently issued dollar has nothing behind it than our
production, possibility of producing, and labor ... and with a
frightening amount of that having "gone over seas", it is virtually
worthless ...

However, no one realizes this, well, seems to realize this.

Or, to summarize this:

The dollar is worthless and only those who have replaced these with real
objects/matter of value have any real wealth.

Indeed, money has become a religion, only those who can make a leap of
faith as to it having real worth are believers ... at least here in the USA.

Regards,
JS