The Gold standard

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#1 Sun, Jul 24, 2011 - 4:42pm
So It Goes
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The Gold standard

Martin Armstrong has some new insights about a gold standard that were new to me.

https://www.martinarmstrong.org/files/Gold%20v%20Money%2007-19-2011.pdf

It is a good read.

Keep stacking.

Edited by: So It Goes on Nov 8, 2014 - 5:31am
Sun, Jul 24, 2011 - 5:43pm
mdcromer
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Some good stuff, but I

Some good stuff, but I disagree with one of his assertions that the gold standard is responsible for economic depressions. The notion that we have to increase the money supply in order to ward off economic slowdowns is exactly what got us into this mess. Increasing the money supply in a fiat system is STEALING.

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