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chadimus84 (November 30, 1999 at 12:00 am)
@ServingLosAngeles1 you don't it's good for children to have some understanding and appreciation of value?
chadimus84 (November 30, 1999 at 12:00 am)
@dashrirprock the panic of 1893 happened because of government interference. read about the sherman silver act, and also read about what harding did to get us out of it, namely cut the federal budget and lowered taxes (along with repealing the sherman silver act). the economy recovered quickly. this part of history is passed over quite often.
jcrowley1985 (November 30, 1999 at 12:00 am)
Sad thing is that in real life, the federal reserve doesn't need no high tech duplicator to make physical money. Numbers on a computer is all they need. Wrecking the economy has never been more convenient.
prattleon (November 30, 1999 at 12:00 am)
@dashrirprock I don't favor a gold standard. I favor a free market. in order to have a free market there must be a free market in currency (i.e. people are free to exchange any good, commodity, or service for any other good, commodity, or service). a currency market does nothing of the sort. maybe you're familiar with bernard von nothaus. That's what happens if you offer an alternative to the government's fiat currency. If they didn't have a violent monopoly on it, no one would use it.
dashrirprock (November 30, 1999 at 12:00 am)
Goldbug fail.
There are currency markets. If the world does not trust the U.S. treasury, then they're free to use Euros, Yen, or even gold nuggets. Stop with the doom and gloom. Before the Federal Reserve we had huge economic crises: Panic of 1873, Panic of 1893. We went into the Great Depression while on the gold standard.
I originally came here to share part of my childhood with my nephew.
BeneathAndBeyond (November 30, 1999 at 12:00 am)
Great!!
I always had this query as to why not surplus money was minted to alleviate poverty!!
Never had the chance to ask this question because we never had been taught Economics in School and College!!
Now i know why!!
Thanks Uncle Scrooge and Prattleon!
lynncase12 (November 30, 1999 at 12:00 am)
This is one very "scary" video. =p
perfectioninheaven (November 30, 1999 at 12:00 am)
brilliant!!
Altimadark (November 30, 1999 at 12:00 am)
Funny how even greedy people (Scrooge) can still understand the basics of economics. Why, it's almost like they're... HUMAN!
ServingLosAngeles1 (November 30, 1999 at 12:00 am)
This sh*t is whack mixing government trying to make a point with Duck Tales, facken lame |
