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To: DonaldC

“Money supply” is meaningless, unless you want to confiscate priate savings by inflation to finance massive government spending. Nobody else ive ever read says the gold standard caused the depression, can you refer us to an author, etc?

It seems that if that was the case, then the depression should have been fixed in a jiffy when FDR took us off the gold standard and started following Keynes.


12 posted on 04/01/2009 12:11:45 PM PDT by DesertRhino (Dogs earn the title of "man's best friend", Muslims hate dogs,,add that up.)
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To: DesertRhino

iirc, the book is “The Lords of Finance”. I heard the writer in an interview on pbs recently.


14 posted on 04/01/2009 12:14:30 PM PDT by DonaldC
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