By JOSH LOFTIN Associated PressSALT LAKE CITY (AP) -- Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being "as good as gold."
It is not clear how that works. Is the price for a good expressed in dollars, or in ounces of gold? If it were a currency, it could be expressed in a measurement in gold. Buy a car for 20 gold pieces, which would be equivalent to about $30,000 at today's prices. The trouble is, when you make a deal, is to determine what the sliding scale is for dollars to gold. You could use dollars if it is advantageous, or gold when it is not.
No comments:
Post a Comment