tag:blogger.com,1999:blog-3393033712226955105.post1194987519882513248..comments2023-06-18T08:40:47.757-07:00Comments on Econ Trash: Sumner's HPE ExplanationTom Brownhttp://www.blogger.com/profile/17654184190478330946noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3393033712226955105.post-19790639639193662232013-09-03T12:36:12.222-07:002013-09-03T12:36:12.222-07:00"how do you get the gold into people's ha..."how do you get the gold into people's hands in the first place"<br /><br />Well, that's what I'm trying to get at in my line of questioning over there. TallDave has taken me up on it... and is proving some good feedback with his "Magic Box" example.<br /><br />I think there is a case to be made along the lines TallDave is going, but I'm offering him some press back still to see where he goes with it. I'm not sure where this will turn out myself! Tom Brownhttps://www.blogger.com/profile/17654184190478330946noreply@blogger.comtag:blogger.com,1999:blog-3393033712226955105.post-28463637794038991912013-09-03T11:55:43.967-07:002013-09-03T11:55:43.967-07:00Hi Tom,
That still doesn't make much sense to...Hi Tom,<br /><br />That still doesn't make much sense to me. Yes, I understand that if you double the amount of gold in people's hand, that the price will drop in half. But how do you get the gold into people's hands in the first place?<br /><br />The Fed doesn't just give gold (or cash) away for free.<br /><br />Geoffnoreply@blogger.com