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29 March BIS returns to the GOLD STANDARD
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Ostria1 |
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While searching, i run into an interesting article from Bloomberg Who knows George Frederick Warren? During the second half of 1933, George F. Warren was the most influential economist in the world. Almost every morning during November and December, he met with Franklin Roosevelt while the president was still in bed, and helped him decide the price at which the government would buy gold during the next 24 hours. ... The fact that today almost no one recognizes George F. Warren’s name, let alone knows about his theories, illustrates how strange that period was. [ link to www.bloomberg.com (secure)]
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