Comments on: The Drop of A Hat http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/ Out of the crooked timber of humanity, no straight thing was ever made Mon, 13 Feb 2012 05:39:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: spencer http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203596 spencer Thu, 12 Jul 2007 18:39:36 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203596 You really know that the individual knew what he was talking about when he used this to rant about price controls never working. He did not seem to realize that the price of gold had been set by the Bank of England and the US government for decades at $27/oz and this was a fundamental reason the international financial system had worked so well in the era of great prosperity before WW I. What FDR was doing was raising the price of gold and that virtually every mainstream economic study of the Great Depression concluded that leaving the gold standard was what one of the most important reasons that the great 1929-33 economic collapse just happened to end the very same month that FDR took office--Bernanke is one of the depression scholars who believes this. His and other's work finds a very tight relationship between when countries deserted the gold standard and when the output plunge ended in that country. You really know that the individual knew what he was talking about when he used this to rant about price controls never working. He did not seem to realize that the price of gold had been set by the Bank of England and the US government for decades at $27/oz and this was a fundamental reason the international financial system had worked so well in the era of great prosperity before WW I. What FDR was doing was raising the price of gold and that virtually every mainstream economic study of the Great Depression concluded that leaving the gold standard was what one of the most important reasons that the great 1929-33 economic collapse just happened to end the very same month that FDR took office—Bernanke is one of the depression scholars who believes this. His and other’s work finds a very tight relationship between when countries deserted the gold standard and when the output plunge ended in that country.

]]> By: abb1 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203439 abb1 Thu, 12 Jul 2007 07:32:57 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203439 I like Herbert Hoover, like him a lot. Too bad his system for setting gold price turned out to be a calamity. Bummer, Dude. I like Herbert Hoover, like him a lot. Too bad his system for setting gold price turned out to be a calamity. Bummer, Dude.

]]> By: Ugh http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203393 Ugh Wed, 11 Jul 2007 21:52:02 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203393 Reading Bizarro World can be, well, bizarre. Reading Bizarro World can be, well, bizarre.

]]> By: KCinDC http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203371 KCinDC Wed, 11 Jul 2007 20:16:31 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203371 And anyone who's got "Q" the Enchanter vouching for him <em>must</em> be real, regardless of how odd his idea of "nightmarish" might be. And anyone who’s got “Q” the Enchanter vouching for him must be real, regardless of how odd his idea of “nightmarish” might be.

]]> By: "Q" the Enchanter http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203366 "Q" the Enchanter Wed, 11 Jul 2007 19:50:08 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203366 "communists or communist 'sympathizers'" As if that were a distinction Cheney/Bush would understand. What was I thinking? And norbizness, I've met him; he's <i>real</i>. And a nice chap in person. (Aren't we all.) “communists or communist ‘sympathizers’”

As if that were a distinction Cheney/Bush would understand. What was I thinking?

And norbizness, I’ve met him; he’s real. And a nice chap in person. (Aren’t we all.)

]]> By: Walt http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203365 Walt Wed, 11 Jul 2007 19:45:43 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203365 I would never shoot Belle in the face. Her sister would totally kick my ass. That shit's embarrassing. I would never shoot Belle in the face. Her sister would totally kick my ass. That shit’s embarrassing.

]]> By: norbizness http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203359 norbizness Wed, 11 Jul 2007 19:15:49 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203359 I mean, it sounds so made-up... PEJ-man You-sef-ZA-deh. I mean, it sounds so made-up… PEJ-man You-sef-ZA-deh.

]]> By: "Q" the Enchanter http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203349 "Q" the Enchanter Wed, 11 Jul 2007 18:42:25 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203349 If Cheney/Bush had been in power 75 years ago, the policy option to be disposed of by lottery wouldn't have been the price of gold, but rather whether to imprison only all communists or communist "sympathizers" as well. If Cheney/Bush had been in power 75 years ago, the policy option to be disposed of by lottery wouldn’t have been the price of gold, but rather whether to imprison only all communists or communist “sympathizers” as well.

]]> By: jacob http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203345 jacob Wed, 11 Jul 2007 18:22:51 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203345 Walt, is that a warning to Belle that you're about to shoot her in the face? Walt, is that a warning to Belle that you’re about to shoot her in the face?

]]> By: Walt http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203341 Walt Wed, 11 Jul 2007 18:00:58 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203341 This is reaching the level of sportingness of canned quail hunts. This is reaching the level of sportingness of canned quail hunts.

]]> By: sniflheim http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/comment-page-1/#comment-203340 sniflheim Wed, 11 Jul 2007 17:53:04 +0000 http://crookedtimber.org/2007/07/11/the-drop-of-a-hat/#comment-203340 <i>Dude, if I may</i> Trawling for ridicule. Dude, if I may
Trawling for ridicule.

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