Turk makes an interesting point that the Great Depression was deflationary because the dollar was linked to gold - the government couldn't run the printing presses.
This time, we know the dollar is not linked to gold - is that a helicopter I hear?
Saturday, October 11, 2008
Latest GoldMoney Review: We Are in the Sixth Inning
The latest market review and commentary from James Turk at GoldMoney.
Turk makes an interesting point that the Great Depression was deflationary because the dollar was linked to gold - the government couldn't run the printing presses.
This time, we know the dollar is not linked to gold - is that a helicopter I hear?
Turk makes an interesting point that the Great Depression was deflationary because the dollar was linked to gold - the government couldn't run the printing presses.
This time, we know the dollar is not linked to gold - is that a helicopter I hear?
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