Comment 60419

By A Smith (anonymous) | Posted February 28, 2011 at 18:28:38

Take a look at this chart measuring U.S. GDP in gold, rather than paper currency. Notice that during both the seventies and the 2000's, GDP as measured in gold fell, most people became unhappy with the economy and their leaders.

Conversely, in the times when GDP as measured in gold went up, people were happier and optimistic.

It's not complicated, if you want a good economy, you need to use real money, not IOU's from the government.

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