Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (11975)	12/19/2001 10:31:42 PM
From: LLCF	Read Replies (1) of 74559

<>>Thus it would seem that the historical record will be difficult to use to separate out the effects of the gold standard vs the effects of fractional reserve banking.<< This is one of the problems, but there's no getting around it, because it's there.> I think someone [hand up] pointed out a long time ago [6 months?] that all the speculation surrounding gold standard cause and effect was just that... speculation. DAK

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