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A comment on Barely Half of 30-Year-Olds in the U.S. Earn More Than Their Parents Did at 30. Parent comment

Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by photogrammetry on Thursday December 08, 2016 @04:28PM (#13134466)
You know, you could actually study why the gold standard is a terrible idea, rather than just fantasizing about it.

The financial trickery you're talking about is caused by deregulation and would happen on the gold standard just as often, but with probably far more disastrous consequences.

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Re:Barely Half of 30-Year-Olds in the U.S. Earn More Than Th... by branchless on Thursday December 08, 2016 @04:34PM (#13134514)
I don't like the gold standard, I agree there. I do however think it provided some break on the unfettered issuance of fiat credit.

In any case it seems you agree that unfettered credit issuance is a huge problem, and perhaps the root cause of the upward pressure on asset prices that inevitably moves in step with productivity gains / more work?

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