BOOMERBUSTER

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Friday, November 12, 2010

Re Back to a Gold Standard?

See comment re Mark Thoma's Editorial, Economist's View blog:

"Gold During The Depression"

He, they, claims that without floating rate currencies,
economists lose the chance to control domestic economies.

Hello, in a globalized world, a bubble world largely enabled by floating fiat currencies, economists have created a situation where economists can no longer control 'domestic economies'

anyway.

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