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John Tamny: Dear Volcker Happy Talkers, How’s the 'Inflation’ Fight Going?
Before the 1970s currency markets were near non-existent. There was really no reason for them as currencies were concepts, or measures of value. The dollar was defined as 1/35th of a gold ounce, and currencies around the world were pegged to the dollar. About the gold exchange standard that existed, critics and supporters alike can save
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Posted: March 26, 2023 Sunday 10:00 AM