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Silver is the monetary metal with proven historical resilience

July 11, 2019 - 07:41 -- Admin

This is based on a comment I made here:

Milton Friedman suggested that the pre-1873 mix of silver standard, gold standard, and dual standard countries was possibly more stable than having almost all the major countries on the gold standard.  I think he is correct: that international monetary order certainly lasted a lot longer.

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