Mises Daily
Author:
Christopher Mayer
Online Publish Date:
[ Editor’s Note: This month marks the 43rd anniversary of Nixon’s closing of the gold window. This article originally appeared in The Free Market in January 2004 .] “The world is in permanent monetary crisis,” Murray N. Rothbard once observed, “but once in a while, the crisis flares up acutely, and we noisily shift gears from one flawed monetary