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Why Not the Gold Standard?

j-bradford-delong.net — The current judgment of economic historians (see, for example, Barry J. Eichengreen, Golden Fetters) is that attachment to the gold standard played a major part in keeping governments from fighting the Great Depression, and was a major factor turning the recession of 1929-1931 into the Great Depression of 1931-1941.

Bury
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  • XanderDee, on 05/09/2008, -0/+1Just another lie.
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