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  • Eight Thoughts on the Current Crisis [View article]
    @aynrand: we had a gold-backed currency until Nixon took us off in 1971. Are you insinuating that the U.S. economy was worse prior to 1971 than after? As to why they "never lasted" -- it's not a case of "lasting", but a case of having made a *decision* to make the change! We're seeing how well the fiat currency economies are "lasting" right now -- fiat currencies are a big reason for the global ripple effect following economic problems in a single nation.
    Oct 28 15:54 pm |Rating: 0 0
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