Bernanke's Massive Lie: The Gold Standard and the Great Depression

Discussion in 'Economics' started by ByLoSellHi, Oct 17, 2009.

  1. Daal

    Daal

    All countries from Bernanke's sample either stopped the fixing, devalued or imposed exchange controls(effectively ending convertibility between fiat money and gold) it was only a matter of time between then
     
    #11     Oct 20, 2009
  2. Thanks.

    Still, it's a different game this time.

    Back then everyone went from A to B and it worked.

    Today they want to go from B to B, because B worked last time.

    We shall see.
     
    #12     Oct 20, 2009