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154. Fiat History with Niall Ferguson

The Bitcoin Standard Podcast

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The Keynesian Problem - Is There a Gold Standard?

The case against the gold standard ultimately is, I think the flaw here is that essentially Britain broke the gold standard and then complained that it didn't work. It was working quite fine before they did all these shenanigans to finance World War One. If they hadn't done that, it would have been fine. The idea of using money as gold is something that has existed for thousands of years for very good reasons.

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