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but that doesn't really answer the question of why a gold stabndard is better. The gold standard didn't make the industrial revolution happen. And the gold 'sta
by Finnucane 2y ago
but that doesn't really answer the question of why a gold stabndard is better. The gold standard didn't make the industrial revolution happen. And the gold 'standard' was arbitrary itself, and the government could alter it at will. It was just as 'fiat' as anything.