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That's what I said - you can't print more money as long as you are on the gold standard.
by Tichy 16y ago
That's what I said - you can't print more money as long as you are on the gold standard.
- gaius 16y agoYes you can - you're just gambling that there won't be a run on the bank. That the fact that someone knows they could convert your note into gold meaning they never actually do it.