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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (27081)	1/26/1999 10:11:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 116764

So there was no gov't debt from all of those war bonds that were sold or from the deficit spending required to maintain a military force of 12 million men/women?? Hmmmm..... And another theory as to why the Dollar may have inflated since 1945-50... After WW2, the US dollar reigned supreme. That meant that any wealth of note was probably denominated in dollars (and gold). As rival currencies/economies grew stronger, this competitive pressure on the dollar quite likely provided substantial pressure on the value of the dollar over the course of years. After all, where was the yen after the war? And what did its value reflect 3-4 decades later? Savvy investors would have sold dollars and bought yen as a storehouse of value in the '50-60s. And then they would have sold them later on when it was obvious the Japanese economy had topped out. Regards, Ron