There seems to be a lot of interest in currency regimes with the failings in EMU and concerns about what might happen there next. The US and the dollar have become part of this dialogue as the dollar has over the years lost value and gold bugs are quick to propose gold as an alternative that would be better at preserving capital.
I don’t think there is really much doubt about that.
On a gold standard a country commits itself to fix its currency value to a certain price of gold. But such
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