Mises Daily
Author:
Robert P. Murphy
Online Publish Date:
For some reason, there are a lot of people out there who can’t stand the gold standard. Maybe their hostility is in reaction to the large (and growing) number of gold bugs who think the worst day in history was August 15, 1971 . But since I’m an economist, not a psychoanalyst, all I can really do is patiently explain how silly the antigold