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Message Subject Iran: 907 tons of gold; why don't they just say fuck it, and back the Rial with gold/oil?
Poster Handle Anonymous Coward
Post Content
Isn't the "what if" where gold is concerned the worry that some might come along and say, ok, I'll have the gold (or oil) instead?

During WW1 we (as in Britain) enacted laws to prevent people from changing in their paper money for gold, I would assume given how crappy the world is right now people would rather take the gold/oil than continue to use paper.

Just my thoughts, and if I am honest, I really don't fully understand the inner workings of these things..
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