shrink the money supply, the money supply was too lose to lead 1929 crisis. Same as today.
This guy need to do his due course research by looking at FED numbers.
~:~ It is the FED who cause the crisis. Instead
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Helicopter Benanke gets the same idea - too little money
-daysofreckoning-
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03/03/2009 postreply
13:26:00
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对,货币与黄金挂钩,彻底限制了货币供应量.
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03/03/2009 postreply
13:36:23
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What is wrong with 限制了货币供应量?
-daysofreckoning-
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03/03/2009 postreply
17:02:44
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If everything will be cheaper tomorrow, people
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03/03/2009 postreply
18:21:18
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Exactly that is the point. Deflation makes people save.
-daysofreckoning-
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03/03/2009 postreply
18:32:49
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There were about one crisis every seven years
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03/03/2009 postreply
18:52:33
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I wonder where you get the facts. ~:~
-daysofreckoning-
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03/03/2009 postreply
21:08:05
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The first facts are from wiki, gold standard is no cure for
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03/04/2009 postreply
07:18:39
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Got to read in detail. Gold standard does not cure
-daysofreckoning-
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03/04/2009 postreply
10:07:35
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By the way, not all speculations are bad, it can speed up
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03/04/2009 postreply
10:26:41
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By the way, Deflation Spiral is the word Wall Street used
-daysofreckoning-
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03/03/2009 postreply
18:54:08