Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
It has been said before, but let me repeat: The mindless declarations of the gold-bugs notwithstanding, gold is itself a form of fiat money as it has no inherent value.
Any arguments which ignore this are worthless. Period.
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It has been said before, but let me repeat: The mindless declarations of the gold-bugs notwithstanding, gold is itself a form of fiat money as it has no inherent value.
Dec 28 02:42 am
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All Comments by johnthegenius150 »Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
Any arguments which ignore this are worthless. Period.