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Comment: Variation

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Variation

Submitted by Dr. NO. on Wed, 11/21/2012 - 00:13.

Look at the coefficient of varation (stdev of annual percentage changes in price level vs. the average). Between 1879 and 1913, it was 17.0. Between 1946 and 1990 it was only .90.

In regards to the value of the FRN:

Has the FRN gone down 6x in value since 2000? Gold has gone up 6x since then. The money supply (M2 and M3) is around twice was it was back in the year 2000. So clearly, gold is not just going up due to the weakness of the dollar.

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