By: Wall Street Pit
April 23, 2013 at 16:02 PM EDT
The Euro: a Step Toward the Gold Standard?
In a recent piece Jesus Huerta de Soto (2012) argues that the euro is a proxy for the gold standard. He draws several analogies between the euro and the classical gold standard (1880-1912). Like when “going on gold” European governments gave up monetary sovereignty by introducing the euro. Like the classical gold standard the common [...] View the full post at: The Euro: a Step Toward the Gold Standard? Related posts: Feldstein Sees Greece Quitting the Euro Euro at 1.35, USD/JPY Breaks 103 – What’s Going On? Standard & Poor’s Cuts CIT Rating
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