Although the multiplication of national gold standards that gave rise to the classical gold standard was partly accidental and partly the outcome of deliberate legislation, market forces also played an important part in it.
A recession could be coming tomorrow, or it could be coming in 10 years. The point is, we donโt know.
The bad news is that along with great economic performance has come a good bit of silly, one might even call it stupid, regulation and proposals for regulation.
Although the multiplication of national gold standards that gave rise to the classical gold standard was partly accidental and partly the outcome of deliberate legislation, market forces also played an important part in it.
A recession could be coming tomorrow, or it could be coming in 10 years. The point is, we donโt know.
The bad news is that along with great economic performance has come a good bit of silly, one might even call it stupid, regulation and proposals for regulation.
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