The "Barbarous Relic" Helped Enable a World More Civilized than Today's

The “Barbarous Relic” Helped Enable a World More Civilized than Today’s

Tags: Gold Standard, The Fed, Keynes, Monetary Policy

12/21/2022 George Ford Smith

John Maynard Keynes derided gold-based money as a “barbarous relic,” yet it was gold that enabled a long regime of honest money -- and the advance of civilization.

Original Article: “The “Barbarous Relic” Helped Enable a World More Civilized than Today’s”

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