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To: Toddsterpatriot

Where did I say there was price stability under a gold standard. What I did was explain to you why there was inflation and deflation under the gold standard (i.e. fractional reserve lending).


75 posted on 07/19/2007 11:04:15 AM PDT by richalessi
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To: richalessi
What I did was explain to you why there was inflation and deflation under the gold standard (i.e. fractional reserve lending).

So gold didn't save us? Excellent!

78 posted on 07/19/2007 11:08:47 AM PDT by Toddsterpatriot (Why are protectionists, FairTaxers and goldbugs so bad at math?)
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