Janimot
The real benefit of no gold standard is that all the Euro countries in debt trouble now would be benefiting from a rapidly falling currency which would stimulate exports, increase tourism (gee I bet Greece and Italy would love this) and increase their gdp without the need to intro draconian austerity measures that simply further slow an already faltering economy.
With a gold standard in place this could not happen as efficiently.
return the gold standard as world unravels, page-21
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