From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Thu Nov 18 2004 - 16:54:23 EST
What would be the implications for the US governments budget deficit of a re-adoption of the gold standard by the Federal Reserve? Would the current level of deficit be sustainable? If it were not, would that not force the re-abandonment of the gold standard in a few years.
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