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Old 22nd Jan 2015, 10:23
  #36 (permalink)  
Frogman1484
 
Join Date: Jul 2005
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The US left the gold standard in 1933. Every country that was in a deep depression recovered as soon as they left the gold standard. Germany, France and a hand full of European countries stayed on the Gold Standard for another 6 years...we all know how that finished. Spain that was not on the Gold Standard did not have a ressesion!

The Fiat currency system we currenty have is flawed but so is the Gold standard!
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