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The American Empire in a Changing World



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Friday, August 17, 2012

''How to Introduce a Gold Standard''

From Financial Sense
By Rafal Rudowski

''The idea of restoring gold to its former monetary status (or, as it is often described, “returning to the gold standard”) seems to be increasingly popular all around the world. The main reason is the continuous debasement of all paper currencies that forces people to look for ways to protect their wealth. Additionally, it is commonly expected that the ongoing monetization of sovereign debts will lead to much higher inflation down the road.''

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