The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: NOW who wrote (35692)	7/11/2005 12:56:37 AM
From: jackjc	Read Replies (1) of 110194

Yes, gold backing kept prices stable for 140 yrs before 1930 except for temporary war related flareups. Surprising how few people know the stability of that, but as most today are spenders and not savers, they don't place much value on stability of buying power of their savings. An increasing number of dollars/hr of work and/or dollars of value of house/stocks is what floats their boats.

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