``The most notable effect of demonetizing gold has been and continues to be the recurrence of numerous sizable booms and busts... gold would definitely 'serve as a brake', as he puts it... We highly recommend this book to anyone with an interest in the gold market. In fact, anyone with an interest in financial markets and/or the economy will undoubtedly benefit from reading it. It provides a solid statistical analysis of every aspect of the gold market, a thoroughly researched and well-presented account of the history of the modern monetary system and a highly original perspective of the growing bubble in debt and credit claims we have experienced since adopting today's system of credit-based money.''

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