From Gold to Currency Nationalism

  • Brendan Brown


The Tower of Babel of the gold standard world collapsed with the outbreak of war in 1914. Since then the nations of the world have been confounded with many monies. As we expect people in different nations to speak different languages, so we expect them to use different monies. Governments state their laws in the national language. They insist that taxes are paid in the national money.


Exchange Rate Interest Rate Central Bank Credit Market Bond Market 
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© Brendan Brown 1978

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  • Brendan Brown

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