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The return of gold as real money

Gold has been an excellent store of value over the long run: as gold fans often point out, it’s perhaps the only form of money where the quantity th...

15 December 2017

Developer

Gold has been an excellent store of value over the long run: as gold fans often point out, it’s perhaps the only form of money where the quantity that would have bought you a decent toga in Roman times is still worth a half-decent suit today. Still, as a means of exchange, it’s less useful than it once was.

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