Thursday, September 6, 2012
Paul Krugman: Gold Standard Would Ruin U.S. Economy
The value of money is directly proportional to what can be purchased
with it. In that American companies are doing well in their production
of products at the moment, the dollar has a lot of value. It does not
matter that the cheap labor of the world is doing the work. The cheap
world labor only means the American worker is SOL.(sh-t out of luck)
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