tag:blogger.com,1999:blog-3758330678390419129.post8516724568043199344..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Fed Economist Disses the Gold Standard (and what would happen to him under a gold standard)Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3758330678390419129.post-55316969789391207792012-12-01T16:46:56.966-05:002012-12-01T16:46:56.966-05:00Under the gold standard I could still afford a sho...Under the gold standard I could still afford a shovel, which I would be more than happy to lend to Mr. Andolfatto so that he could move this mountain of horse shit...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-88098318450205401222012-11-30T14:02:10.275-05:002012-11-30T14:02:10.275-05:00True and if you stop drinking prune juice, prune j...<i>True and if you stop drinking prune juice, prune juice will no longer help you with your bowel movements.</i><br /><br />What if you ate a gold brick? Would you then...Bob Murphyhttps://www.blogger.com/profile/04001108408649311528noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-46923783303363344642012-11-30T10:50:11.616-05:002012-11-30T10:50:11.616-05:00What does "Price Stability" mean? Sounds...What does "Price Stability" mean? Sounds like nonsense to me. I would prefer that prices reflect the knowledge of the market in question rather than some voodoo magic "Stability". Amazing that the slop that comes out of the front of these peoples heads is read by someone.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-18236011175463668792012-11-30T09:29:40.178-05:002012-11-30T09:29:40.178-05:00The gold standard is a standard as long as it is a...The gold standard is a standard as long as it is a standard. When it gets inconvenient to the powers that be, it disappears, like a puff of smoke taken by the wind. That isn't a standard.Bill Bergmannoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-84591108094894112112012-11-30T09:08:31.409-05:002012-11-30T09:08:31.409-05:00If you want to see price stability, St. Louis Fed,...If you want to see price stability, St. Louis Fed, recalculate the prices of crude oil, wheat, and other commodities in gold or even silver ounces. Compare the volatility and standard deviation of the two. Anonymousnoreply@blogger.com