The most dullest town in the whole of Scotland, Known for golf and shit, has one of the worst schools in the country, and is full of chavs.
by gucci mink November 29, 2016
Get the prestwick mug."Gold standard promoters"
Ron Paul is not a promoter of some "gold standard", he's a promoter of using tangible commodities for currency. Gold happens to be a commodity that has been widely supported historically, so it gets much attention from Paul and investors in precious metals.
"claim that all fiat currencies have failed."
The claim is that all fiat currencies *eventually* fail.
"There are very few countries in the world that don't have fiat currencies, and their currencies have not failed, making the claim prima facie false."
Either you're arguing against yourself, or "their" was supposed to refer to countries *with* fiat currencies. Regardless, your argument is as unsound as claiming that humans are immortal because many humans are alive today.
"Please do your own research into the matter."
Please help us get started. Cite a reference, give us something to google. Otherwise you're copping out and hoping somebody else can support your claim for you, when you apparently can't yourself.
Ron Paul is not a promoter of some "gold standard", he's a promoter of using tangible commodities for currency. Gold happens to be a commodity that has been widely supported historically, so it gets much attention from Paul and investors in precious metals.
"claim that all fiat currencies have failed."
The claim is that all fiat currencies *eventually* fail.
"There are very few countries in the world that don't have fiat currencies, and their currencies have not failed, making the claim prima facie false."
Either you're arguing against yourself, or "their" was supposed to refer to countries *with* fiat currencies. Regardless, your argument is as unsound as claiming that humans are immortal because many humans are alive today.
"Please do your own research into the matter."
Please help us get started. Cite a reference, give us something to google. Otherwise you're copping out and hoping somebody else can support your claim for you, when you apparently can't yourself.
Fractional Reserve banking is the banking practice of conjuring money from thin air by loaning out money the bank does not have. A small percentage (a "fractional reserve") of each loan typically comes from depositors who are misled to believe their money will remain available to them upon demand, and the bulk of the funds come from merely recording an asset to the borrower and a liability on the bank in a ledger or database. The term purestrain gold seems to be a red herring intended to marginalize supporters of sound money
by Felipe Gaston August 21, 2011
Get the purestrain gold mug.Related Words
Jeff's black penis is pubestacular.
by Tom Fowler March 29, 2004
Get the pubestacular mug.A basketball player (usually a guard), who is known for their lethal scoring ability from deep, mid, and close range.
by Thepurestrap April 1, 2022
Get the purestrap mug.To become aggitated prior to evidence of something which outcome can either be positive or negative. Most likely to happen when something's outcome is predicted to be bad, but turns out to be good.
Conceptione was being prestinkative about her son's report card.
OR
Quincy used prestinkativity to tell his parents about his response from Bloomfield Community College.
OR
Quincy used prestinkativity to tell his parents about his response from Bloomfield Community College.
by wickedblondone April 21, 2006
Get the prestinkative mug.A word that describes somebody who does not want to have sexual intercourse, or feels that it is not necessary.
by hosh noak March 10, 2009
Get the pureshly mug.something that's higher level than just being prestigious. The irrefutable authority in any field, or could be used as the ultimate epitome of cool.
"Damn, those white tips are prestidigiousous."
"Everyone knows "prestidigiousous" is way more prestigious than "prestigious.""
"Everyone knows "prestidigiousous" is way more prestigious than "prestigious.""
by attaboy April 29, 2010
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