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Paper currency is the original barbarous relic

Michael Allan McCrae | January 13, 2013 | 5:23 pm Precious Metals China Gold Silver 

While John Maynard Keynes may have famously—but not originally—called the gold standard a barbarous relic, many centuries ago in China gold supplanted paper currency, not the other way around. According to the blog Mao Money, Mao Problems, the ruling class...

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