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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (463579)3/13/2009 4:22:16 PM
From: combjelly  Read Replies (1) of 1578476
 
"You provide no evidence for that assertion."

I've only done it about a dozen times. Try google, it is a great tool.

"Also "new deal-like policies" is rather vague, since there where so many new policies introduced by FDR, and often no real connection or coherence between them."

Actually, they had one common denominator. That the government could effectively intervene to manage the economy.

"Generally countries that dropped or seriously modified the gold standard earlier did better. "

Tim, many countries already had done that due to WWI. Britain tried to reinstate it in the 1920s. But they didn't have enough gold and had to drop the idea in 1931.

"I suppose dropping the gold standard could be considered a "new deal like policy". "

Far from it. I am guessing you forgot that the US actually strengthened its commitment to the gold standard under FDR which it had weakened during WWI. And the US had one of the better performing economies.
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