News Focus
News Focus
Followers 8
Posts 1071
Boards Moderated 0
Alias Born 04/25/2003

Re: Ace Hanlon post# 124633

Sunday, 06/29/2003 7:23:13 PM

Sunday, June 29, 2003 7:23:13 PM

Post# of 704041
George-

Keep in mind that U.S. troops were involved in WW I for only about 17 months (June 26,1917, US troops arrived in France-November 11, 1918, Armistice goes into effect). My point is that we were only tangentially involved in WW I. Actually the Spanish Influenza that our troops brought over to Europe from Ft. Riley, Kansas and then brought back in the late summer of 1918 killed more Americans than WW I (about 675,000).

I don't think the gold-backed dollar was an issue in WW I inasmuch as we did not have to go into serious deficit spending to finanace that war. My guess is that Germany's war reparations had to be paid in gold though. (Would you have taken Kaiser Wilhelm's DMs?)

schloss

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today