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Would the gold standard have prevented or slowed any of this inflation runway? I’m not one of those libertarian types who believes the fed is a giant conspirac
by no_wizard 3y ago
Would the gold standard have prevented or slowed any of this inflation runway?
I’m not one of those libertarian types who believes the fed is a giant conspiracy, however there is something to be said for mechanisms that cap the ability to print money
- anfilt 3y agoOne thing people forget is loans with modern banking can effectively increases money supply as well.