Total Posts:11|Showing Posts:1-11
Jump to topic:

Gold standard works in UK!

16kadams
Posts: 10,497
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 9:15:08 AM
Posted: 4 years ago
Wait it prolonged the slump and made their business uncompetitive...

http://news.bbc.co.uk...
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
16kadams
Posts: 10,497
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 9:31:29 AM
Posted: 4 years ago
Well the proof is on my side
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
thett3
Posts: 14,334
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 9:57:11 AM
Posted: 4 years ago
Britain was bankrupted after the great war. If you're trying to say that they had an economic slump because of the gold standard rather than spending billions of pounds on weapons and losing almost an entire generation of young men you're being silly.
DDO Vice President

#StandwithBossy

#UnbanTheMadman

#BetOnThett

"Don't quote me, ever." -Max

"My name is max. I'm not a big fan of slacks"- Max rapping

"Walmart should have the opportunity to bribe a politician to it's agenda" -Max

"Thett, you're really good at convincing people you're a decent person"-tulle

"You fit the character of Regina George quite nicely"- Sam

: At 11/12/2016 11:49:40 PM, Raisor wrote:
: thett was right
AlwaysMoreThanYou
Posts: 2,900
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 10:21:50 AM
Posted: 4 years ago
We don't use the gold standard.

At least, I don't think we do.
'When the Spirit of truth comes, he will guide you into all the truth; for he will not speak on his own authority, but whatever he hears he will speak, and he will declare to you the things that are to come.' - John 16:13
16kadams
Posts: 10,497
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 11:14:06 AM
Posted: 4 years ago
At 6/1/2012 9:57:11 AM, thett3 wrote:
Britain was bankrupted after the great war. If you're trying to say that they had an economic slump because of the gold standard rather than spending billions of pounds on weapons and losing almost an entire generation of young men you're being silly.

No, the reason they adopted the gold standard was to prevent bankruptcy, and based on the article you didn't read the gold standard slowed the economy even further.
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
16kadams
Posts: 10,497
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 11:14:16 AM
Posted: 4 years ago
At 6/1/2012 10:21:50 AM, AlwaysMoreThanYou wrote:
We don't use the gold standard.

At least, I don't think we do.

They used too
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
thett3
Posts: 14,334
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 11:15:51 AM
Posted: 4 years ago
At 6/1/2012 11:14:06 AM, 16kadams wrote:
At 6/1/2012 9:57:11 AM, thett3 wrote:
Britain was bankrupted after the great war. If you're trying to say that they had an economic slump because of the gold standard rather than spending billions of pounds on weapons and losing almost an entire generation of young men you're being silly.

No, the reason they adopted the gold standard was to prevent bankruptcy, and based on the article you didn't read the gold standard slowed the economy even further.

Lulwut? England had a Gold standard since 1844.
DDO Vice President

#StandwithBossy

#UnbanTheMadman

#BetOnThett

"Don't quote me, ever." -Max

"My name is max. I'm not a big fan of slacks"- Max rapping

"Walmart should have the opportunity to bribe a politician to it's agenda" -Max

"Thett, you're really good at convincing people you're a decent person"-tulle

"You fit the character of Regina George quite nicely"- Sam

: At 11/12/2016 11:49:40 PM, Raisor wrote:
: thett was right
16kadams
Posts: 10,497
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 11:23:44 AM
Posted: 4 years ago
At 6/1/2012 11:15:51 AM, thett3 wrote:
At 6/1/2012 11:14:06 AM, 16kadams wrote:
At 6/1/2012 9:57:11 AM, thett3 wrote:
Britain was bankrupted after the great war. If you're trying to say that they had an economic slump because of the gold standard rather than spending billions of pounds on weapons and losing almost an entire generation of young men you're being silly.

No, the reason they adopted the gold standard was to prevent bankruptcy, and based on the article you didn't read the gold standard slowed the economy even further.

Lulwut? England had a Gold standard since 1844.

I believed they got rid of it temporarily and Churchill reintroduced it
https://www.youtube.com...
https://rekonomics.wordpress.com...
"A trend is a trend, but the question is, will it bend? Will it alter its course through some unforeseen force and come to a premature end?" -- Alec Cairncross
thett3
Posts: 14,334
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 11:28:52 AM
Posted: 4 years ago
At 6/1/2012 11:23:44 AM, 16kadams wrote:
At 6/1/2012 11:15:51 AM, thett3 wrote:
At 6/1/2012 11:14:06 AM, 16kadams wrote:
At 6/1/2012 9:57:11 AM, thett3 wrote:
Britain was bankrupted after the great war. If you're trying to say that they had an economic slump because of the gold standard rather than spending billions of pounds on weapons and losing almost an entire generation of young men you're being silly.

No, the reason they adopted the gold standard was to prevent bankruptcy, and based on the article you didn't read the gold standard slowed the economy even further.

Lulwut? England had a Gold standard since 1844.

I believed they got rid of it temporarily and Churchill reintroduced it

They got rid of it because the war bankrupted them, and returned to it but failed since they were still bankrupted. That was towards the end of the days where most people found the idea of fiat money abhorrent and every respectable nation had to have some kind of metallic standing.
DDO Vice President

#StandwithBossy

#UnbanTheMadman

#BetOnThett

"Don't quote me, ever." -Max

"My name is max. I'm not a big fan of slacks"- Max rapping

"Walmart should have the opportunity to bribe a politician to it's agenda" -Max

"Thett, you're really good at convincing people you're a decent person"-tulle

"You fit the character of Regina George quite nicely"- Sam

: At 11/12/2016 11:49:40 PM, Raisor wrote:
: thett was right
thett3
Posts: 14,334
Add as Friend
Challenge to a Debate
Send a Message
6/1/2012 11:32:17 AM
Posted: 4 years ago
16kadams have you ever held real money in your hands?
DDO Vice President

#StandwithBossy

#UnbanTheMadman

#BetOnThett

"Don't quote me, ever." -Max

"My name is max. I'm not a big fan of slacks"- Max rapping

"Walmart should have the opportunity to bribe a politician to it's agenda" -Max

"Thett, you're really good at convincing people you're a decent person"-tulle

"You fit the character of Regina George quite nicely"- Sam

: At 11/12/2016 11:49:40 PM, Raisor wrote:
: thett was right