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HomeTop NewsThe Demise of the Gold Standard

The Demise of the Gold Standard

Nixon’s closing the gold window should be seen as the end of the last remnant of the gold standard, not some kind of market failure. Governments controlled most of the gold and set its price.

Original Article: “The Demise of the Gold Standard

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.