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Keynesianism vs. the Gold Coin Standard
Gary North
08/09/2012
www.lewrockwell.com
“The traditional gold coin standard transfers power over monetary policy to the broad mass of citizens, who can start a run on the banks at any time if they suspect that the central bank – highly undemocratic – is turning to inflation as a way to fund the government’s debt.”
Recently, the leftist London Guardian [...]
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