Idiocy Is Reason Why We Don't Have Gold Standard

One of the strangest things about “Triffin’s Dilemma” is not that Robert Triffin said something in the mid-1960s, but rather that people still take this stuff seriously a half-century later. It’s basically nonsense. But, it seems that, in fifty years, nobody has appeared to call a spade a spade. It just shows the very low level of understanding that has characterized these issues for over half a century.

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