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free market system

Federal Reserve, gold standard, free market, Libra
Commodity Money, Economic History, Economic Thought

Is There Such a Thing as a Free-Market Gold Standard?

George Selgin/July 9, 2019June 19, 2022

Twice recently I've come across arguments to the effect that, despite what some libertarians, goldbugs, cryptocurrency fans, and Fed Board candidates imagine, the idea that the historical gold standard kept governments from managing money, leaving the job to market forces, is a myth. In his June 24th…

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