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Greek catastrophe used as a case against gold standard
http://seekingalpha.com/article/190560-a-greek-fable-about-the-gold-standard Does it matter what kind of currency you use when you are spending irresponsibly? Wouldn't there be enormous inflation if Greece had its own fiat currency right now to monetize its debt and pay for deficits? Lastly does...
on Thu, Feb 25 2010
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