A New Golden Age?

Tags: Gold Standard

02/13/2008 Mises Wire Mark Thornton

The new issue (on sale today) of Worth magazine features an article on “A New Golden Age” by Nathan Lewis which is a nice recap of the history of the gold standard showing that we (along with the Roman’s) thrived on a gold standard only to succumb to paper inflations.

“It is practically a truism that the decline of currency quality is mirrored in the decline of world power.” Lewis has a new book Gold: The Once and Future Money.

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