Bernanke's Great Fib - The "Gold Standard" and the Great Depression

peaceandlove · 10-08-2009, 05:04 PM

Short, concise dissertation to pass along to unsuspecting kool-aid drinkers.

Bernanke's Great Fib - The "Gold Standard" and the Great Depression

By Jake Towne
Published 10/07/09

The claim that the "gold standard" caused or worsened the Great Depression debunked.

(If you like this article, a more formal paper version of this article may be downloaded here. http://www.scribd.com/doc/15030843/J...eat-Depression Please distribute if you see fit.)

The purpose of the following is to argue that the "gold standard," as understood by most of the public, did not cause or worsen the Great Depression as current FED Chairman Ben Bernanke has based many of his papers, speeches, and, to a large extent, his entire career on. In our contemporary times, I do believe this blame must be firmly rejected and monetary policy should, at the very least, be debated in a national forum. Indeed many other economists, such as the Friedman family, Anna Schwartz, Alan Greenspan, and Jeffrey "Shock Doctor" Sachs, have all propagated this lie. (photo)

Continues: http://www.campaignforliberty.com/article.php?view=251

Jake Towne is running for U.S. Congress in eastern Pennsylvania's 15th district in 2010. Prior to returning home, he had been living in Shanghai as an engineer in the semiconductor industry for over 3 years. As part of defending liberty and championing the Constitution, Towne is offering the citizens in his area a novel form of accountable government called "Our Open Office."

Fredkc · 10-11-2009, 02:14 PM

Don't you just love how we hire functional morons with the morals of coyotes to run the Fed?

Dear God.. please forgive me for the rest of what I almost typed here.

10-08-2009, 05:04 PM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Bernanke's Great Fib - The "Gold Standard" and the Great Depression Short, concise dissertation to pass along to unsuspecting kool-aid drinkers. Bernanke's Great Fib - The "Gold Standard" and the Great Depression By Jake Towne Published 10/07/09 The claim that the "gold standard" caused or worsened the Great Depression debunked. (If you like this article, a more formal paper version of this article may be downloaded here. http://www.scribd.com/doc/15030843/J...eat-Depression Please distribute if you see fit.) The purpose of the following is to argue that the "gold standard," as understood by most of the public, did not cause or worsen the Great Depression as current FED Chairman Ben Bernanke has based many of his papers, speeches, and, to a large extent, his entire career on. In our contemporary times, I do believe this blame must be firmly rejected and monetary policy should, at the very least, be debated in a national forum. Indeed many other economists, such as the Friedman family, Anna Schwartz, Alan Greenspan, and Jeffrey "Shock Doctor" Sachs, have all propagated this lie. (photo) Continues: http://www.campaignforliberty.com/article.php?view=251 Jake Towne is running for U.S. Congress in eastern Pennsylvania's 15th district in 2010. Prior to returning home, he had been living in Shanghai as an engineer in the semiconductor industry for over 3 years. As part of defending liberty and championing the Constitution, Towne is offering the citizens in his area a novel form of accountable government called "Our Open Office." Last edited by peaceandlove; 10-08-2009 at 05:09 PM.

10-11-2009, 02:14 PM	#2
Fredkc Project Avalon Member Join Date: Sep 2008 Location: Riverside, ca. Posts: 898	Re: Bernanke's Great Fib - The "Gold Standard" and the Great Depression Don't you just love how we hire functional morons with the morals of coyotes to run the Fed? Dear God.. please forgive me for the rest of what I almost typed here. __________________ "Life IS mystical! It's just that we're used to it" Evil cannot be killed. Only redeemed. Chat us up at: Avalon Chat