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To: Hawkmoon who wrote (26767)1/22/1999 12:06:00 PM
From: Enigma  Read Replies (1) | Respond to of 116857
 
Ron - what do you mean by this <<the gold solution is a VERY BITTER and socially destructive alternative given the huge unemployment and dispair it will instill>>? Is anyone suggesting a return to the gold standard? dd



To: Hawkmoon who wrote (26767)1/22/1999 12:31:00 PM
From: long-gone  Read Replies (1) | Respond to of 116857
 
OK, You and Don just told us about yourselves, no more comments are required from me. Just dug you two out - "end justifies the means"
eh guys?



To: Hawkmoon who wrote (26767)1/23/1999 12:31:00 PM
From: Mark Bartlett  Respond to of 116857
 
Ron,

<< the gold solution is a VERY BITTER and socially destructive alternative given the huge unemployment and dispair it will instill.>>

If gold serves to protect wealth in a downturn, then it is helping to prevent more despair. Gold is there as a life preserver, in situations when economies are running amok ... gold did not create the problem ... it is a solution to the problem!

MB


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