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To: GodGunsGuts

‘New York Times item which reported that 40 out of 40 “leading economists” said that a gold standard system “would not improve the lives of average Americans.”’

These same economists are perfectly happy with a system that led to the great depression, the great recession, constant inflation, soaring national debt, etc.


7 posted on 02/09/2016 11:46:31 AM PST by Boogieman
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To: Boogieman

We had a gold standard in this country for a long time.

In that time we also had depressions, recessions, inflation and soaring national debt.


16 posted on 02/09/2016 11:58:52 AM PST by babble-on
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To: Boogieman
These same economists are perfectly happy with a system that led to the great depression, the great recession, constant inflation, soaring national debt, etc.

It wasn't the gold standard that led to the great depression, is was a too free lending policy.

40 posted on 02/09/2016 12:23:32 PM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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