Raging Bullion: Is Gold a Good Investment?
Many Happy Returns
The End of the Gold Standard
In 1934, gold was priced by law in the US at $20.67 per ounce. And then overnight, like overnight, they jacked it up to $35 per ounce. It's a pretty massive devaluation. As a result of that, there was a huge pickup in productivity in the US.
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