http://www.dailyreckoning.com.au/citizens-easily-coerced-into-using-government-currency/2009/07/01/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/citizens-easily-coerced-into-using-government-currency/2009/07/01/comment-page-1/#comment-86783 Dinakarananda Wed, 01 Jul 2009 14:13:31 +0000 http://www.dailyreckoning.com.au/?p=6453#comment-86783 Citizens of the world are smart enough to know when they are being coerced. They always moved to bullion when they saw paper currency sinking. The world's largest consumer of gold, India's love affair with gold was kindled by the umpteen number of petty kings and emperors trying to coerce people into fiat currencies. Russians in the 1990s shunned roubles and americans would do the same in the next decade. Citizens of the world are smart enough to know when they are being coerced. They always moved to bullion when they saw paper currency sinking. The world's largest consumer of gold, India's love affair with gold was kindled by the umpteen number of petty kings and emperors trying to coerce people into fiat currencies. Russians in the 1990s shunned roubles and americans would do the same in the next decade.

]]> http://www.dailyreckoning.com.au/citizens-easily-coerced-into-using-government-currency/2009/07/01/comment-page-1/#comment-86714 Neville Wed, 01 Jul 2009 09:12:15 +0000 http://www.dailyreckoning.com.au/?p=6453#comment-86714 Excellent article. Thank you. Excellent article. Thank you.

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