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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (16995)1/30/2009 12:15:26 PM
From: Real Man  Respond to of 71450
 
You are of course right, imbalances and the huge
credit/derivative bubble were not likely under gold standard.
However, whatever "they" (the
economists and the planners) learned
from the Great Depression now seems to suggest we never
go back to gold. I always wondered why they keep it, though,
but not everyone does any longer.
Bugs say our gold gone, and sometimes bugs are right -g-

When recession or worse hits, they print to get out of it,
to just distribute the pain to the society as a whole.
Disasters from overusing the press happen occasionally. -g-