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Eddie George, former Bank of England Governor
We looked into the abyss. If the Gold price rose further, a further rise would have taken down one of several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the Gold price under control, but we have now succeeded. The U.S Fed was very active in getting the Gold price down. So was the U.K.
originally posted by: Cinrad
Again and again it is proven that money is bullshirt! Anyone who works for money is a shmuck. Work to live: plant a garden, process your own food, make music, defend your community, build a fire to keep warm, sew clothes, tell stories, make love... you know, live! 3 billion people can't be wrong.*
*Not the top 1 billion who are so preoccupied by getting more money that life is stressful, and and not the bottom 3 billion who dont have enough to live, but there is a happy medium.