A few days earlier, on November 1, Financial Times columnist, Martin Wolf, had written a piece precisely asking, "Could the World Go Back to a the Gold Standard?" Wolf pointed out, "It is not hard to understand the attractions of a gold standard. Money is a social convention. The advantage of a link to gold (or some other commodity) is that the value of money would apparently be free from manipulation by the government. The aim, then, would be to 'de-politicize' money."

 

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