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Gold and Bank Secrecy

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Tags Austrian Economics Overview

02/12/2010Ludwig von Mises

The gold standard is not a game but a social institution. Its working does not depend on the preparedness of any people to observe some arbitrary rules. It is controlled by the operation of inexorable economic law, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

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