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Gold as Money: FAQ
Some responses to common objections about the use of gold as money: 1. There simply is not enough gold for it to be used as money. This is just like saying “we cannot possibly measure the size of microbes because inches are too large”. An excellent counterpoint to this line of thinking is...
Posted to
Austrian Economics
by
Mr FixIt
on Fri, Jun 10 2011
Filed under:
Deflation
,
FAQ
,
Gold
,
Gold Standard
,
Investment
,
Money
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