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Ferdinand Lips
Ferdinand Lips Articles
Why Gold-Backed Currencies Help Prevent Wars
By
Ferdinand Lips
-
October 14, 2002
The context I will start my talk with an allegation. You have gathered here for a specific reason. You have come because the gold standard was given up in 1914 at the beginning of World War I.
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Due primarily to the California Gold Rush, San Francisco’s population exploded from 1,000 to 100,000 in only two years.
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