The gold standard and competing currencies

GoldMoney 2011-05-31

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Watch the full 29-minute interview at http://www.goldmoney.com/grant-interview. James Grant of Grant’s Interest Rate Observer (http://www.grantspub.com/) and James Turk of the GoldMoney Foundation talk about the history of US post civil war specie resumption and parallels to a return to the gold standard in the future. Private alternatives and competing currencies are a possibility; if politicians are too slow to provide solutions the market could do it for them.

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