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The American Empire in a Changing World



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Tuesday, March 27, 2012

''Could gold have a role in calming financial markets?''

From BBC


"With central banks around the world printing money to pump into their financial systems to prevent them from seizing up, the argument for a return to the gold standard has become popular again.

The gold standard was a commitment by participating countries to fix the prices of their domestic currencies in terms of a specified amount of gold." 

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