PDA

View Full Version : Gold Standard Fans Yearn for Great Depression - Bloomberg



NewsWhore
03-03-2009, 03:22 AM
<img alt="" height="1" width="1">
Gold Standard Fans Yearn for Great Depression (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26refer%3Dcolumnist_sesit%26sid%3Da2sUvQ.vbcWY&cid=0&ei=fumsSdSXMI3QM9KAzecD&usg=AFQjCNF2mGyw3gG16qB4vA8OsIXNnfLDjg)
Bloomberg
When speculators and others attack a country’s currency, the burden usually falls on that nation to adjust by contracting its economy and increasing unemployment. The system places no matching requirement on countries with “strong” currencies to adjust ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601039%26refer%3Dcolumnist_sesit%26sid%3Da2sUvQ.vbcWY&cid=0&ei=fumsSdSXMI3QM9KAzecD&usg=AFQjCNF2mGyw3gG16qB4vA8OsIXNnfLDjg)