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To: yard_man who wrote (241778)	5/20/2003 7:02:25 PM
From: Ahda	Respond to of 436258

he annoyed me once explaining to me how a gold standard => persistent inflation, though what he was really talking about was a fall in prices. There is a cost factor to owning gold and storing it as you must back additional dollars with additional gold if you use a gold standard. He could of meant what he said in practical terms. Dollars increase there of so must gold holdings.