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Bimetallic Nightmare

  • Audio Mises Daily
February 19, 2010Garet Garrett

Tags Money and BanksGold StandardMonetary TheoryPhilosophy and MethodologyValue and Exchange

Congress decreed that gold and silver dollars should be interchangeable and put upon the Treasury a mandate to keep them equal in value. How? By what magic? Why, by the magic of a phrase, writes Garet Garrett (1878–1954).

This audio Mises Daily is narrated by Jeff Riggenbach.

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