Old Project Avalon Forum (ARCHIVE) - View Single Post - The US dollar is now back on the gold standard

Anchor · 06-23-2009, 04:29 AM

Etymology

For verb: < Latin creditus, pp. of credere (“‘to believe, trust, confide’”)

For noun: < French crédit < Latin creditum (“‘a loan, credit’”), neut. of creditus, pp. of credere (“‘to believe’”); the other noun senses are directly from the verb.

Basically unless people believe it, its isnt "worth" anything.

Funny how that works isnt it.

Its all a huge game.

For the OP, I don't think we are even close to being on the gold standard

I dont have a handle on what the point of that blog entry is yet though.

A..

06-23-2009, 04:29 AM	#7
Anchor Avalon Senior Member Join Date: Sep 2008 Location: Sydney, NSW, Australia Posts: 2,280	Re: The US dollar is now back on the gold standard Etymology For verb: < Latin creditus, pp. of credere (“‘to believe, trust, confide’”) For noun: < French crédit < Latin creditum (“‘a loan, credit’”), neut. of creditus, pp. of credere (“‘to believe’”); the other noun senses are directly from the verb. Basically unless people believe it, its isnt "worth" anything. Funny how that works isnt it. Its all a huge game. For the OP, I don't think we are even close to being on the gold standard I dont have a handle on what the point of that blog entry is yet though. A..