2014-06-24forbes.com

``Central banking is simply central planning--government interventions--applied to money and credit. The gold standard is simply a free market in money. Intervention conflicts with a free market, and gold lost the battle. It's no coincidence that economies collapsed one by one after the war... Keynes was wrong that gold is barbarous. Indeed, without gold, the world is now careening toward barbarism. Friedman was wrong that gold is impractical and the West's teetering economy proves it.''



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