Mises Wire
Author:
Alasdair Macleod
Online Publish Date:
the world, excluding for now the EU. On a purchasing power parity basis, this is a market with a GDP of about $70 trillion, out of a world total of about $125 trillion. as well, relative to the historic price volatility in dollars. Before the failure of the gold pool in the late sixties, and the subsequent abandonment of the