Comment: If they did that they'd

(See in situ)

In reply to comment: This is basically a slick way (see in situ)

If they did that they'd

If they did that they'd actually be repricing the DOLLAR to 8% of its current value (based on the suggested gold price). That's 1246% inflation in a matter of minutes.

Then there'd be the issue of whether, after such a massive devaluation, anybody would trust the dollar even IF it were now backed by gold (or silver or platinum ...) again.

= = = =
"Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job."

That means: For each job "created or saved" about five were destroyed.