Replies

To: Errant

Well, I guess one person's "Panic" is another person's business cycle

lol It's a "panic" if it occurs under a gold standard and it's a healthy "business cycle" if it occurs with a fiat currency system, I guess.

243 posted on 12/30/2013 10:36:06 AM PST by Partisan Gunslinger

To: Partisan Gunslinger

Exactly! NO double standard here... LOLOL

245 posted on 12/30/2013 10:41:40 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)

To: Partisan Gunslinger

Nope. But it is true that Panics were more frequent, and deeper, under the gold standard.

252 posted on 12/30/2013 2:48:20 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)

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