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Ron Paul is Right #0150 - What the Price of Gold Means

search.japantimes.co.jp — This was the time of the international gold standard. It was a time of great currency stability, because by definition, foreign-exchange rates could not deviate very far from the fixed gold parities. Whenever that was liable to happen, gold would flow out of a country that had a depreciating currency, causing its economy to shrink.

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  • Kangalanatolian, on 06/30/2008, -0/+2Hello, digg? In the video game of life, there are truth bonus points to be found here.

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