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Old 11-08-2007, 02:54 PM
Bedreviter Bedreviter is offline
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Join Date: Oct 2007
Posts: 456
Default Re: Greenspan says we need a goldstandard.

[ QUOTE ]
"I think we did well with the international gold standard around the turn of the century."

[/ QUOTE ]

But can the US reinstate the gold standard when other countries are not using it? How would that affect trade, economic growth, money supply and the value of the gold backed dollar compared to other currencies with varying value?
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