[justshutupandtakeit]

No, what it demonstrates conclusively is the variability of the value of gold. It has never been consistent except when guaranteed by a government.

[#3Fan]

No, what it demonstrates conclusively is the variability of the value of gold. It has never been consistent except when guaranteed by a government.

I've never denied inflation or deflation. I don't consider a fraction of a percent rate in either direction bad at all though. Especially when our fiat money sometimes hits 12%.