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#1
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Greenspan says we need a goldstandard.
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#2
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Re: Greenspan says we need a goldstandard.
It's his second U turn on the subject. He's actually headed right back in the direction he originally was back in the 60s.
Gold and Economic Freedom, Alan Greenspan Need a better youtube of that video. |
#3
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Re: Greenspan says we need a goldstandard.
If this doesn't get hushed it should be [censored] HUGE, btw.
Nice post. |
#4
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Re: Greenspan says we need a goldstandard.
[ QUOTE ]
No Level, has this man no shame, biggest U turn evarrr. [/ QUOTE ] Ha. You've got to be [censored] kidding me. |
#5
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Re: Greenspan says we need a goldstandard.
maybe his views on the gold standard change with the competence/interference levels of whatever administration is in charge?
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#6
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Re: Greenspan says we need a goldstandard.
As long as the agency that creates the fiat currency has unlimited taxing power, the fiat $ = value of the nations wealth = value of its resources = gold+.
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#7
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Re: Greenspan says we need a goldstandard.
[ QUOTE ]
As long as the agency that creates the fiat currency has unlimited taxing power, the fiat $ = value of the nations wealth = value of its resources = gold+. [/ QUOTE ] This makes zero sense. |
#8
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Re: Greenspan says we need a goldstandard.
[ QUOTE ]
[ QUOTE ] As long as the agency that creates the fiat currency has unlimited taxing power, the fiat $ = value of the nations wealth = value of its resources = gold+. [/ QUOTE ] This makes zero sense. [/ QUOTE ] Try again. U didn't know what the GE multiplier was. |
#9
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Re: Greenspan says we need a goldstandard.
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As long as the agency that creates the fiat currency has unlimited taxing power, the fiat $ = value of the nations wealth = value of its resources = gold+. [/ QUOTE ] purple monkey dishwasher? |
#10
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Re: Greenspan says we need a goldstandard.
So if the US adopted the Gold Standard how would we cope with the currency shortages brought about by the natural growth in GDP? Isn't it generally accepted that moderate inflation is much preferable to the deflationary effects of a fixed money supply?
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