3 ms·
No mention that currencies went from gold standard to fiat from 1971-1976. My take: Makes a huge difference between a stable money supply spread across a growi
by ctdonath 12y ago
No mention that currencies went from gold standard to fiat from 1971-1976.
My take: Makes a huge difference between a stable money supply spread across a growing population, vs unrestricted money growth which can be "firehosed" to a small group.