TakeAStepBack
Gold Member
- Mar 29, 2011
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What? The longest they list in here is 3 years. I could drone on endlessly about each of these case in point, but Im not gonna. We've been in one recession after another since 1913.
Not nearly as frequently as before 1913. Facts are facts.
Gold also limits the money supply with the amount of gold you dig up. It does not keep up with a growing economy, is way too rigid, and is highly susceptible to speculators.
Not nearly as frequently?
I think you need to re-evaluate your own source. And I would go from a much broader understandingt of the ill consequences unheard of in standard, or real money, not just currency.
Debt, deficit, debasement, inflation. Mass inflation.