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<p>[QUOTE=&quot;tekhen, post: 1755999, member: 16202&quot;]Being handicapped by the Au standard I believe can be debated. I believe the standard kept spending in check. I also believe that the plan was to remove a tangible asset from the currency (my very humble opinion). It took 20 years to do so, from 1913 to 1933.</p><p>The US as a country has only been free of debt once.</p><p>&nbsp;</p><p>As to get out of the depression, the American citizen was &#039;robbed&#039; of $15. As you said, this wasn&#039;t the gold market but the gov&#039;t and bankers.</p><p>&nbsp;</p><p><br /></p><p>&nbsp;<a href="http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_inflation.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_inflation.html" rel="nofollow">http://www.pbs.org/wgbh/commandingheights/shared/minitext/ess_inflation.html</a></p><p>&nbsp;</p><p>Again, with the devaluing of the FRN and PMs being priced in it, how could it not increase?[/QUOTE]</p><p><br /></p>

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