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The Geezer
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Category: General
Satisfied Customers: 1387
Experience:  Retired Civil Engineer, USC Professor & Realtor, financier
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Dave, thank you for all that info. Its really helping ...

Resolved Question:

Dave, thank you for all that info. It's really helping me understand where currency is going. But, what I really want to know is how is the price of gold going to effect us. Isn't that what all currencies are valued by? And how much of it do we have as opposed to other countries?
Submitted: 9 years ago.
Category: General
Expert:  The Geezer replied 9 years ago.
Allow me to add my 2c worth to this question. No currencies are backed by gold in today's world.

So what's to stop our government from spending whatever they want and printing up more paper dollars (or creating more electronic dollars) to pay for whatever they feel like doing?

You already have my answer to this, in the previous question that you have already accepted.
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