Rick Florance

Rick Florance Articles

Deflation or Inflation or Both?
By Rick Florance - January 29, 2003
For a long time I have been tormented by a complicated question. I believe I finally have the answer. Especially after reading so much on the Café and other sites. There are two forces at work in the money system that determine whether...
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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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