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25min chapter
The Power of Myth | The Twilight of Gold Series | Episode 14 (WiM362)
The "What is Money?" Show
The Evolution of Britain's Gold Standard and its Impact on the Free Market
This chapter explores the changing attitudes towards the gold standard in Britain before and after World War I, the challenges faced by the restored gold standard, and the resistance of organized labor. It discusses the narrative of a financial conspiracy and the potential crisis that could lead to a run on the bank. The chapter also contrasts the beliefs of bankers and Keynes regarding sustainable wealth creation and real income.
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Discover
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