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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: NOW who wrote (140775)12/29/2001 6:35:09 PM
From: Mike M2  Read Replies (1) of 436258
 
David, he seems to overlook the fact that the US emerged from WWII with its industrial base greatly augmented while the industrial base of Europe and Japan was destroyed. By 1949 the US had half of the worlds above ground gold supply. The US also had the benefit of Bretton Woods making the US $ the world's reserve currency. I would agree that the TL & EV has been slow in coming but it will come IN SOIZE. mike
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