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Let's forget the gold standard

The gold standard downgrades the importance of domestic economic outcomes, ignores distributional equity and is about as practical as a plan to make Monday the third day of the week.

Let's forget the gold standard Let's forget the gold standard Let's forget the gold standard Let's forget the gold standard Let's forget the gold standard

The potential nomination to the US Federal Reserve board of European Bank for Reconstruction and Development executive director Judy Shelton has rekindled talk of the gold standard.

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