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by Yoyo Head on January 8th, 2006
It's true that under a gold standard prices tend to decline over time. Prices would be stable because there is no central bank printing money, but increases in productivity make things cheaper. That's what happened historically. I should have been more specific.
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by Answerbag Staff on April 23rd, 2011
| 1 person likes this
What is the cyclical rate of unemployment ?
by Answerbag Staff on April 22nd, 2011
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The marginal revenue of the 70th unit produced equals?
by icurry601 on November 11th, 2010
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Where are emeralds mined in colombia?
by Answerbag Staff on April 22nd, 2011
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Why MUST prices rise?
by Marky Mark on October 12th, 2010
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