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re: Left's worse nightmare! According to Fox news.
Posted on 4/14/19 at 7:02 pm to genuineLSUtiger
Posted on 4/14/19 at 7:02 pm to genuineLSUtiger
quote:
the gold standard
This would absolutely kill American exports and thus cripple the economy as imports would be astronomically cheaper. Even if you passed laws making tariffs balance out prices domestically, you still wouldn't be able to export crap (so it would be a band-aid on a chopped-off limb.
Any chance of tying the Dollar back to the price of gold left the moment the US became and remained a net importer instead of a net exporter.
1
Posted on 4/14/19 at 8:02 pm to Bard
This is how I see it. It all depends on your horizon. If you have children then you care about the future. If not then you can live only for today, do your drugs, etc. The tulips scam didn't end very well for folks, even a genius was taken in on the deal. Look it up. When the public looses faith in a currency, it bites the dirt. Check out the german mark back a few years. The history is that when a currency dies, so does the empire. Facts are a nagging bitch!
This post was edited on 4/14/19 at 8:04 pm
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