Going off gold did the opposite of what many people think – FT Alphaville (registration)

Going off gold did the opposite of what many people think
FT Alphaville (registration)
You might think that Americans and Europeans effectively decided to move from option 1 to option 2 between the late 19th and mid-20th centuries. Depending on your politics, you might attribute this to the stultification of modernity, or the triumph of …