RE: If paper money was banned & silver & gold came back, what would happen?
March 1, 2015 at 1:23 am
(March 1, 2015 at 1:09 am)wiploc Wrote: I don't say that farmers were better off in the depression, but I've read that they were eating off gold plates. When money's scarce or no good, there may be some tendency to benefit providers of goods for which demand is inelastic.
As long as they didn't have a mortgage and didn't have to borrow for seed money yes. Otherwise no.
If there is a god, I want to believe that there is a god. If there is not a god, I want to believe that there is no god.