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  1. #51
    I am that guy RandomGuy's Avatar
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    Being off the gold standard isn't the cause the Banksters' Great Depression, and being on the gold standard didn't prevent the financial disaster of 1929 and the 1930s Great Depression.

    Deregulation of the financial and corporate sectors, both directly responsible, allows the criminal money mob to cause great economic instabilities, inequalities, and thievery that are much lessened and rendered tolerable by effective regulation.
    The 1930 Depression was not the only financial crisis the US, or the world for that matter, has experienced.

    http://en.wikipedia.org/wiki/Long_Depression

    http://history1800s.about.com/b/2008...-the-1800s.htm

    Plenty of countries on the gold standard have experienced total financial meltdowns. The gold standard is not the panacea that the gold bugs like to think it is.

  2. #52
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    yep, there have been plenty of bubbles and bubble popping fabricated and exploited by the financial class. As result, the non-moneyed classes suffer from their real wealth being sucked up by the vampire-squid.

    Marx was approximately right when he said give capitalists enough rope and they will hang (everybody else).

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