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Watch the full 28-minute video at http://www.goldmoney.com/rallo-macleod-interview. In this video Juan Ramón Rallo, economist and university professor in Madrid, and Alasdair Macleod of the GoldMoney Foundation talk about the role of gold as money.
Rallo states that fiat money does not lead to equilibrium, because it does not fulfill the basic functions of money. Therefore the market is always on the
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