Belmont Club

By Richard Fernandez

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The ghost in the machine 2

August 14, 2008 - 2:17 pm - by Richard Fernandez
cjm
2008-08-15 13:02:02

the gold standard?! how do you grow an economy through industrial production if the amount of money available to purchase things is limited to the world’s gold supply? you might as well join a cargo cult if you are going to tie your economy to gold.