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To: Thomas M. who wrote (130)	3/30/2001 2:48:45 PM
From: Ilaine	Read Replies (1) \| Respond to of 443

>>I wouldn't consider this a reliable source. If you read the NY Times today, they would have you believe that we are suffering under an oppressive monetary regime courtesy of Alan Greenspan.<< So, you wouldn't trust the New York Times to tell you what the closing price was on a stock or the interest rate on the 10 year bond? >>Please explain them to me, because I don't see them. It looks to me like the gold standard made stock markets go down and interest rates go up in hard times, which is how it should be.<< You are only saying this because you haven't made the effort to read what I am talking about, and I simply don't have time to retype it for you. The actual physical shipments of physical gold from one country to another wasn't done on a daily basis, it was done from time to time. Taking the physical gold out of one vault and transporting it to another country caused price shocks that were due solely to that fact. If you want me to explain it to you on the basis of a theory that you read someplace, sorry. That's not history. History is facts, not theory.