Thursday, January 29, 2009

The Crossed Signals Of Gold

While I can't begin to have an intelligent debate about monetary policy, I also can't quite figure out this comment in the Wall Street Journal by Judy Shelton:
When President Richard Nixon closed the gold window, it marked the end of a golden age of robust trade and unprecedented global economic growth.
So speaking of robust trade and global growth, what was all that going on in the 1990s?

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