Wednesday, September 9, 2015

The U.S. Embraced A Gold Standard For 182 Years, So Why Is It 'Impossible' Today?

The United States embraced the principle of a currency whose value was linked to gold from its founding in 1789 until 1971 – a period of 182 years. During this time, from the humblest beginnings, it became the world’s wealthiest and most powerful state. From that alone, you might think that [...]

from http://ift.tt/1OzrvIx

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