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The Nonexistent "Social Costs" of a Gold Standard System – Forbes

| July 1, 2016 | Latest | No Comments

The Nonexistent “Social Costs” of a Gold Standard System
Forbes
One of the odd notions that has come down through the years is that a gold standard system has “social costs.” It does not. It creates a profit. Of course, it does take effort to dig gold out of the ground. However, gold production never ceased after …

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