Why does Milton Friedman prefers Fiat currency instead of Gold standard?

Discussion in 'Commodity Futures' started by Daal, Jul 7, 2006.

  1. How is it different from the states?
     
    #21     Jul 15, 2006
  2. dcvtss

    dcvtss

    And the U.S. is not?

    LOL

    :D
     
    #22     Jul 15, 2006
  3. russia is more a story than a country.
     
    #23     Jul 15, 2006
  4. No, the US is not ran by the mafia.

    Only difference between Russia under Putin and Russia under Stalin is that under Stalin the military ran the show and all Stalin wanted was power. Under Putin the criminals run the show and all they want is money.

    John
     
    #24     Jul 15, 2006
  5. perhaps not the Cosa Nostra... but it is certainly run by the mafia.
    They dont call themselves mafia of course, they're more into the white collar thing... Enron, Worldcom, Halliburton... just to name a few of the mafias that run the US...
     
    #25     Jul 16, 2006