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Economics Questions
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fiat money
GDP
gold standard
inflation
Silver
monometalic vs. multimetalic/nonmetalic currency.
I'm a bit of a soft-core libertarian, and an economist in particular. A lot of reading and discussion I have read has let me with a number of questions regarding the worshipped "gold standard." 1) Gresham's law states that "bad" easy currency will crowd out "good"...
Posted to
Economics Questions
(Forum)
by
Igor83185
on Wed, Nov 19 2008
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