Return to the gold standard — a seriously bad idea

Created
Wed, 04/06/2025 - 01:42
Updated
Wed, 04/06/2025 - 01:42
Ninety years ago Keynes could congratulate Great Britain on finally having got rid of the biggest ”barbarous relic” of his time — the gold standard. He lamented that advocates of the ancient standard do not observe how remote it now is from the spirit and the requirement of the age … [T]he long age of […]

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