>I think you'd have a point if the classical gold standard were
>attainable. But I think we'd be much more likely to wind up with the
>interwar international monetary system--the thing that facilitated
>the Great Depression...
And if you're a Latin American, that wouldn't be such a bad precedent, would it? LatAm did pretty well in the 1930s - and on into the 1960s even.
Doug