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20min chapter
The History of Bad Ideas: The Gold Standard
Past Present Future
The Evolution of the Gold Standard
Exploring the historical context and significance of the gold standard in international finance and trade during the late 19th and early 20th centuries. The chapter discusses the transition from silver to gold as an international currency, the political implications of the system, and how the gold standard shaped trade interactions between states.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode