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Hello I simply assume that after cutting dollar from gold that financial instability has drastically increased, as actors will have a hard time guessing the future value of money. Are there however any empirical work done on this as I imagine it has been ? Thank you, Aman Mender
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What are the main causes for the rise and subsequent fall of the price of Gold from the time when Nixon cancelled the Bretton Woods agreement to the time the Gold bubble popped in 1980 at over $850/oz? I can understand why it would go up once Nixon cancelled the Bretton Woods agreement and went to a...