People simply couldnt come into force knocks metaphorically and say heres a hundred dollars i want to get the gold value and that was as a consequence of the big bad problems the american federal government got into with its debt in the vietnam war and also pay for the Great Society and it just didnt work out. There was a deficit from a trade deficit and people were coming to change the dollars into gold associate decided to stop that is interesting enough, the training and the Federal Reserve was very skeptical about that and was an oldschool balancedbudget kind of guy stopping the decoupling in that way. Host another moment later george in the house of commons. Guest the great thing about the British Public finance for the hundred years before the First World War essentially they ran a balancedbudget. Its difficult to imagine that amount but the whole of the Victorian Era host stable Interest Rates. Guest stable Interest Rates and fiscal policy and what happened in the First World Wa
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