;
> Sent: Thursday, July 12, 2001 9:20 PM
> Subject: [PEN-L:15076] Re: Re: RE: Re: RE: Re: RE: Re: Gold
>
>
> >
> > On Thu, 12 Jul 2001, Michael Perelman wrote:
> >
> > > David, I am not sure that anybody but you and Jim are following this
> > > discu
Ditto.
- Original Message -
From: Michael Pollak <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Thursday, July 12, 2001 9:20 PM
Subject: [PEN-L:15076] Re: Re: RE: Re: RE: Re: RE: Re: Gold
>
> On Thu, 12 Jul 2001, Michael Perelman wrote:
>
> > David, I a
On Thu, 12 Jul 2001, Michael Perelman wrote:
> David, I am not sure that anybody but you and Jim are following this
> discussion.
Actually I'm enjoying Jim's responses a lot.
Michael
__
Michael PollakNew Y
Michael:
I don't thnk it should be pushed off list, but if it is, I'd like to be included.
Joel Blau
Michael Perelman wrote:
> David, I am not sure that anybody but you and Jim are following this
> discussion. What you claim would be largely orrect in a world without
> any credit whatsoever.
David, I am not sure that anybody but you and Jim are following this
discussion. What you claim would be largely orrect in a world without
any credit whatsoever. Anyway, if this is not of general interest, maybe
it could continue with you an Jim offlist?
On Thu, Jul 12, 2001 at 06:59:44PM -0700
In reply to Jim Devine:
Instead of engaging in a specific point-counter-point, let me make a series
of comments and ask a couple of questions that are generally responsive to
your statements.
1. What is the evidence that the gold standard had anything to do with the
economic contraction in
>
> Therefore, it is critical to my argument that, generally speaking, a
change
> in the gold price is NOT a reflection of a change in the scarcity of gold,
> but a reflection of a change in the scarcity of the currency.
>
Gotcha.
There are a couple of assumptions that we don't share. The first
Christian Gregory writes:
---
>
> I am a believer in the price system as the best way to determine
production
> and allocation of resources. In order for the price system to work most
> effectively, I want a change in prices to represent information other than
I wrote:
>class and expansionary nature of capitalism.>>
David Shemano wrote:
>Where did this come from and what does this have to do with the topic at
>hand?
Sorry -- I didn't finish my thought. As far as I could tell
