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The Keynesian Fallacy
By James Cook - February 23, 2015
Here’s a quote from PayPal founder Peter Thiel’s excellent book Zero to One: “If you can identify a delusional popular belief, you can find what lies behind it: the contrarian truth.” We are confronted daily with the greatest economic and...
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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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