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| User Info | Fekete - Inflation and deflation all at the same time?; entered at 2007-12-01 16:41:36 | |||
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Sellnrun Posts: 459 Registered: 2007-06-26 Murrieta, CA
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"By the end of 1933 Roosevelt had shifted his attention to monetary matters: recovery was to be promoted by raising the prices of commodities in dollars, and the prices of commodities in dollars were to be raised by devaluing the dollar in terms of gold." Slouching Towards Utopia?: The Economic History of the Twentieth Century -XVI. Climbing Out of the Great Depression- J. Bradford DeLong University of California at Berkeley and NBER February 1997 Sound familiar? Aren't we currently engaged in dollar devaluation? Inflation/deflation, I don't care. Is there money to be made in gold? Nothing didn't answer my question above... Last modified: 2007-12-01 16:43:32 by sellnrun
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