Quote Originally Posted by Keith Alan View Post
If Russia is pushing a gold backed currency, and the US is pushing a person backed currency, anything Russia does that hurts the dollar would be an attack on the US.

I think that may be why US dollars are so liberally spread around the globe, as a deterrent to attacks on the currency. Gresham's Law, and all that...
Gold severely limits increases in productivity. It is better to have a labor-backed asset currency, IMO.

To hurt that type of dollar would require an actual attack on the "people", which would have to be overt, and not covert as it is now via a hidden financial matrix which is allowing creditors to buy up America with its debt-based currency, which is essentially an attack underway right now.