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Pastimes
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An SI Board Since March 2001
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Emcee:  Thomas M. Type:  Moderated
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68>>Anything you can do with a dollar can also be done with a gold certificaIlaine-3/26/2001
67CB - <i>OK, forget value, and concentrate on day to day reality. Money caDon Lloyd-3/25/2001
66OK, forget value, and concentrate on day to day reality. Money can't be golIlaine-3/25/2001
65CB - <i>Let's round off world gold reserves to 1 billion and let'Don Lloyd-3/25/2001
64I am a contrarian by nature, or maybe skeptic is a better term. So while I do fIlaine-3/25/2001
63Let's round off world gold reserves to 1 billion and let's round off theIlaine-3/25/2001
62CB - <i>...As long as the population of the world keeps growing, there wiDon Lloyd-3/23/2001
61The point I am trying to make is that eventually even gold backed money would beIlaine-3/23/2001
60We ran into a problem of this sort in the late 50's, early 60s, when the numJF Quinnelly-3/23/2001
59<i>The understanding I am struggling for is how much of the decline in totJF Quinnelly-3/23/2001
58CB - <i>Mike, if we decided to, and were able to, put the world on a goldDon Lloyd-3/23/2001
57Mike, if we decided to, and were able to, put the world on a gold standard tomorIlaine-3/22/2001
56Thomas, keep in mind the asset backed and mortgaged backed securities allow bankMike M2-3/22/2001
55Right now the reserve requirements are 10% on demand deposits but zero on time dIlaine-3/22/2001
54I didn't calculate anything. I got the << 25% in the 1800s, 18% afterThomas M.-3/22/2001
53Tom, what sets of data are you using to calculate the reserve ratio?Ilaine-3/22/2001
52Hello Thomas. I think one must defer to the gallant Henry V. with over 7000 poWorswick-3/22/2001
51The understanding I am struggling for is how much of the decline in total marketIlaine-3/22/2001
50This is an excerpt from the article in the Bank Credit Analyst I mentioned. I cIlaine-3/22/2001
49Stocks are wealth in the same way that your house is wealth. You can't use eJF Quinnelly-3/22/2001
48The Austrian School economists were perhaps the only ones to predict the Great DJF Quinnelly-3/22/2001
47In Austrian theory booms and busts are caused by credit expansion. The bigger thJF Quinnelly-3/22/2001
46Here are the current data from the federal reserve site. I don't have time Ilaine-3/21/2001
45Tom - <i>It's even worse than that. According to Richard Daughty, it Don Lloyd-3/21/2001
44It's even worse than that. According to Richard Daughty, it is 1.2%. MessaThomas M.-3/21/2001
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