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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Zeev Hed who wrote (75347)3/4/2001 10:42:58 PM
From: LLCF   of 436258
 
< D-flation, means economic contraction, not exactly a desired effect, or as I called it, tying world currencies to gold would result in either a "Sodom bed", or inflation (if gold is only a "backing of currency").>

Well, there is plenty of data... got links to economic activity during gold standard and non-gold standard time periods?? Don't think your assertion stands up. That said, I'm not an advocate of the gold standard... but then, I'll know how to protect myself when the sh*&t hits the fan.

DAK
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