Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SandRat

Why should they?

The 1929 stock-market crash happened under a gold standard.

The Panic of 1870 (or so) happened under a gold standard.

Along with several others during the 19th century.


4 posted on 06/01/2014 2:44:31 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 3 | View Replies ]


To: DuncanWaring

You mean, aside from the ‘old’ Constitutional thang (IE: no authority to delegate, let alone specifying gold/silver. Or that the Fed note, in ~100 years, had ‘depreciated’ by 100% (ah, but like most things gov’t there WAS a time of ‘equal swap’ (silver certs))?

Lastly, I think your first example is moot...happened AFTER the Fed act (and though many would say caused by the same, just proves that even they had no gumtion/ability to ‘stop’ the crash either)


7 posted on 06/01/2014 3:00:55 PM PDT by i_robot73 (Give me one example and I will show where gov't is the root of the problem(s).)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson