Thread: Madoff Scandal
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Old 12-21-2008, 06:51 PM   #9
happyman

Join Date
Oct 2005
Posts
423
Senior Member
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Even money isn't money strictly speaking since by definition 'notes' such as Federal Reserve Notes, are promises to pay -- not the thing (a dollar) that is promised.
And the promised dollar ... What is that made of?

Gold?




If you demanded a real dollar in place of the promise, what would you get?
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