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Gold: The Once and Future Money By Nathan Lewis
PDF | 467 Pages | 2.50 MB
For most of the last three millennia, the world抯 commercial centers have used one or another variant of a gold standard. It should be one of the best understood of human institutions, but it抯 not. It抯 one of the worst understood, by both its advocates and detractors. Though it has been spurned by governments many times, this has never been due to a fault of gold to serve its duty, but because governments had other plans for their currencies beyond maintaining their stability. And so, says Nathan Lewis, there is no reason to believe that the great monetary successes of the past four centuries, and indeed the past four millennia, could not be recreated in the next four centuries. In Gold, he makes a forceful, well-documented case for a worldwide return to the gold standard.
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