Corruption. People wanted entitlements and welfare like they do today, so the government couldn't do that with a gold standard. You need an expansion of credit for the government to provide stuff for people.
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Comment: Corruption. People wanted
Corruption. People wanted
Corruption. People wanted entitlements and welfare like they do today, so the government couldn't do that with a gold standard. You need an expansion of credit for the government to provide stuff for people.
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