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Well, while a gold standard would be somewhat better in that particular instance it fails horribly due to its inflexibility under any other conditions. Also, there are a dozen other ways of alleviating the dollar, most of which involve improving other parts of the economy. I mean, there’s a reason why Log in to see images!)
Generally speaking, currency values should be viewed more as symptoms of other policies than reasons for policy in and of themselves. |
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Posted On: 04/03/2008 7:51PM | View finale's Profile | # |