MONEY: Pirate’s chest

http://townhall.com/columnists/PeterFerrara/2009/09/10/making_up_crime

*** begin quote ***

When Fed Ex got started, the Feds charged it with violating the legal monopoly of the post office. When Fed Ex won that battle, it was a landmark victory for all Americans. The case against Liberty Dollar offers another potential landmark victory for American liberty.

*** end quote ***

Everyone needs competition and “dollars” are no different.

Here’s an entertaining thought experiment. You find a “pirates’ treasure chest”. Breathlessly you open it. What finding would excite you most:

(a) A chest full of 1940 Federal Reserve notes. (When our “pirate” buried a million “dollars”, it was worth the equivalent of a a hundred million. Reference: coffee was 22 cents per pound. You do the math.)

(b) A chest full of Confederate money.

(c) A chest full of Sadam’s Iraqi dinars.

(d) A chest full of GM stock.

(e) A chest full of gold coins.

Yea, I know what I’d pick. And, rebury them under the shore house. Just like our proverbial pirate. For the coming “rainy day”.

Argh!

# # # # #

Please leave a Reply