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Old 09-23-2007, 08:35 PM
PLOlover PLOlover is offline
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Join Date: Jun 2005
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Default Re: Explain to an idiot the benefits of going back to the Gold standar

but my point is you are saying gold standard the money would undergo deflation (same money supply, increasing economy), I'm just saying that gold mining would be an inflationary effect, and the greater the amount of intrinsic deflation, the more profit there would be in gold mining(inflation.).

so it seems to me the free market would find the balance there.
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