When it comes to solving the euro’s woes, it’s the same gold story

Centre for Governance and Public Policy
Are the tragedies of the 1920s repeating themselves in the twenty-first century? In the 1920s, an irrational attachment to the gold standard helped cause the Great Depression, as European fears of inflation acted as a deadweight on growth. By the 1930s, economic collapse facilitated the rise of fascism, Nazism and World War II. While the […]