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To: Comparative Advantage
calling the gold bugs who support a return to the gold standard a "bunch of lunatics and hacks."

Well then, just keep having Gov'ts borrow and spend on their cronies and social engineering projects. And then when it looks like they may default, have their Central Banks print money.

Because that's working out so well all around the world....

13 posted on 12/04/2011 8:58:51 PM PST by PGR88
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To: PGR88
"Well then, just keep having Gov'ts borrow and spend on their cronies and social engineering projects."

You really think congress can't borrow and spend on a gold standard? They'll just promise that your children will pay in gold.

39 posted on 12/05/2011 1:15:36 AM PST by DannyTN
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