GOLD 0.51% $1,391.7 gold futures

gold, page-104907

  1. 5,237 Posts.
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    "As interesting as these details are, they are irrelevant to my original point. A global Gold standard was implemented.
    Therefore it was (and still is) widely accepted that the Gold standard did not cause the great depression."

    Not only it was indeed global with the soviet block and communist China in it, but in addition it was such a "tight global Gold standard" that by 1971 thanks to so much money printing it blew itself up. It is what the history books came to refer as: The Wallis tight free money printing universal gold standard.

    Before we move on, allow me to remind you that the topic of our discussed never included the question of knowing whether or not the gold standard did cause the great depression. Since you are having some short term memory problems maybe you should see a doctor. It can be a sign of future serious cognitive problems.
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    .https://hotcopper.com.au/data/attachments/3996/3996934-3a635840ae9ec70c90009ec430a607c4.jpg






 
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