Democratic Underground - close approximation

Reply #19: close approximation [View All]

jmcgowanjm

(1000+ posts) Send PM | Profile | Ignore

Fri Oct-17-03 10:08 AM
Response to Original message

19. close approximation

http://www.mises.org/money/4s9.asp

Since the U.S. went completely off gold in
August 1971 and established the Friedmanite
fluctuating fiat system in March 1973, the
United States and the world have suffered
the most intense and most sustained bout
of peacetime inflation in the history of the world.
It should be clear by now that this is scarcely a coincidence.

http://users.mildura.net.au/users/marshall/ops/ops1971.html
Australian Government announces that the 1st
Australian Task Force will be withdrawn by late
December , with logistics units shortly after. New
Zealand also announce their withdrawal. HMAS
Brisbane is not to be replaced. Some training
and advisory elements would remain.

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Reply #19: close approximation [View All]