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  • Re: Dumping the dollar?

    [quote user="zeev"]In 1980, when gold hit $870/oz, silver went above $50/oz, oil was at record highs, interest rates were north of 20%, and dollar was in hyper-inflationary free fall, the feds did something unprecedented. They coerced oil-producing nations to accept only dollars for oil, at...
    Posted to Economics Questions (Forum) by Charles Anthony on Tue, Oct 30 2007
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