From Resource Investor
By Felix Moreno De La Cova
"In Golden Stability vs. Fiat Currency Chaos – Part I we
discussed how gold money preserves purchasing power and attacked the
factually and logically wrong argument that a fiat currency would or
could, if “properly managed", prove more stable and better at preserving
value than gold money. History is eloquent in this regard.
In Part II we shall look at the other popular attack on a gold
standard: that it creates economic instability or that it aggravates the
boom-bust cycle.''
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