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Would A Gold Standard Brighten Economic Outcomes?

TedTed
in The Bullpen
FYI: It gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.” (Warren Buffett)
Regards,
Ted
http://www.ritholtz.com/blog/2015/01/would-a-gold-standard-brighten-economic-outcomes/print/
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