16 February 2008

The Dollar Vs. the Euro


A brief discussion of the Dollar Vs. the Euro by Tom Campbell, Haas School of Business, UC Berkley.

The Dollar Vs. the Euro: Video Presentation

A Chart of the Euro Versus the US Dollar Index





A Chart of the Euro and US Dollar Index Versus the Currency of Enduring Resort








"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.(1967)...Gold still represents the ultimate form of payment in the world....(May, 1999) " Alan Greenspan



"Gold is not necessary. I have no interest in gold. We will build a
strong state without an ounce of gold behind it. Anyone who sells above
the set price, let him be marched off to a concentration camp. That's
the bastion of [fiat] money."
Adolf Hitler