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Gold historically has not been money by government fiat. Instead, gold has been the natural choice of people for money, something governments cannot undo (despite its best efforts). Original Article: "Gold as Natural Money" This Audio Mises Wire is generously sponsored by Christopher

[Originally published by Law and Liberty.] Those who fail to study the intellectual debates of the past are condemned to repeat them,” is a variation on Santayana’s famous dictum particularly applicable to economics and monetary theory, where ideas cycle along with