Repubs party platform: comittee to eval return to gold std and audit fed

Discussion of the Gold portion of the Permanent Portfolio

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MachineGhost
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Re: Repubs party platform: comittee to eval return to gold std and audit fed

Post by MachineGhost »

stone wrote: It is simply the standard argument used for state control of the economy. I'm not that taken with that argument.
I really like how they think the Fed is "socially-controlled".  Only a naive left-wingnut could believe in a fairy tale like that.
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Re: Repubs party platform: comittee to eval return to gold std and audit fed

Post by Ad Orientem »

Apologies if this has already been posted (I don't have the time to read through 12 pages of comments)...

http://www.forbes.com/sites/steveforbes ... d=rss_home

Steve Forbes thinks we are going back on the Gold Standard. FWIW I think the article is a bit thin on rational and ignores the logistical nightmare that makes a gold standard unworkable in the modern world.
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