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Originally posted by DOOMBOT Ok, understood. I still rightfully disagree and believe the stimulus, expansion of government and ease of credit were much more destructive then the dollar being linked to gold. I mean, let's face it, the fact that we were on a gold standard didn't seem to stop the government from all of the "stimulus" that it created.

you can believe whatever you want, you're still wrong.

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Originally posted by DOOMBOT http://www.federalreserve.gov/BOARD...108/default.htm Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.

i was wondering if you would attempt to take this line out of context to serve your own ends. im a little disappointed you've tried. bernanke is referring to the federal reserve's lack of action leading up to and during the collapse of the banks in the US. and part of that lack of action was due to the gold standard.

im sorry man but you really show you don't really know what you're talking about, or are unable to make reasonable inferences from the information presented. bernanke explained during that speech what we meant by "we did it", and you've merely attached yourself to that minor paragraph to try and make it sound like he's saying something he's not.

not very honest of you.

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Originally posted by Lebezniatnikov I don't disagree with you, but there are people who get into Harvard and elect to go somewhere that has offered to pay for four years.

if YOU turned down harvard for another school because of a scholarship you had bad advice.

seriously though, did you get into harvard?

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Originally posted by jerZ07002 if YOU turned down harvard for another school because of a scholarship you had bad advice. seriously though, did you get into harvard?

I actually didn't apply to Harvard, but I got into a couple that are pretty close. I wanted the liberal arts school experience... and a free education.

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Originally posted by DOOMBOT And occrider, are my links from the vice president and economist in the Research Department of the Federal Reserve Bank of Cleveland not good enough because they are too easy to come by? haha

So you're conflating my post as a repudiation of a random link you posted a multitude of arguments ago?

I'm perfectly willing to argue on the same page with you if you would like to discuss the fed or the gold standard or whatever. I'm on vacation

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Retro ...

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Originally posted by Lebezniatnikov I actually didn't apply to Harvard, but I got into a couple that are pretty close. I wanted the liberal arts school experience... and a free education.

What, not into buying contacs

My guess is you're at Berkley.