SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: JF Quinnelly who wrote (71719)10/12/2006 2:23:03 AM
From: mishedlo  Read Replies (3) | Respond to of 110194
 
The dollar wouldn't have been eroded by inflation as it has been.

Did not prices rise hugely in other places?
For example what does it cost in pounds to buy a house in london or in Euros to buy a house in Germany?

This is not by any means a US dollar by itself problem

Mish



To: JF Quinnelly who wrote (71719)10/12/2006 9:36:00 AM
From: bart13  Read Replies (1) | Respond to of 110194
 

Revaluing gold permitted the Treasury to issue 75% more dollars against its gold stock.


The Treasury had and has no need to have a reason like gold being revalued to issue 75% or any amount more dollars.
Gold was disconnected from the money supply, and the money supply also had little correlation with gold at the Treasury or the Fed since well before 1933.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News