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0 sats \ 1 reply \ @Tef 4 Jul \ on: Would life have been better if we had stayed on a gold standard? econ
Maybe yes, in terms of inflation control and monetary discipline.
Probably not when it comes to economic flexibility, responding to crises, and promoting growth.
i've seen a lot of arguments that say gov printing to respond to crisis usually creates a bigger one down the road
i can see economic flex being an issue for sure
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