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Old 12-01-2008   #14 (permalink)
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Re: The Economic recover: anyone willing to make a prediction?

Yes, but it seems to be based on the notion that the gold standard would result in greater stability of currencies, when the exact opposite is the case.

Anyone ever read William Jennings Bryan's "Cross Of Gold" speech?

If they dare to come out in the open field and defend the gold standard as a good thing, we shall fight them to the uttermost, having behind us the producing masses of the nation and the world. Having behind us the commercial interests and the laboring interests and all the toiling masses, we shall answer their demands for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold,
Buffy


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