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To: AdamSelene235
So when some politically motivated bureaucrat uses flawed econometrics to inaccurately measure a nebulous phenomenon he will only increase the money supply (which they now refuse to report) by that amount?

No one is perfect. So how much did the money supply fluctuate under the gold standard? More or less than it has in the last 20 years?

71 posted on 12/09/2005 1:26:47 PM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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To: Toddsterpatriot
No one is perfect. So how much did the money supply fluctuate under the gold standard?

Gold Standard? Did you mean Gold Exchange Standard?

Most so-called Gold Standards had heavy political disincentives for transacting in gold.

90 posted on 12/09/2005 3:26:19 PM PST by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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