So if the best rationale for fiat currency is the flexibility it affords government in times of peril, then their prescription should be that we should only unhinge the dollar from gold in rough waters.
FORBES: Not Just Another Article Espousing The Gold Standard
The people who, in times of great trouble, run toward the peril and not away from it.
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In all times and all markets, excess is a leading indicator of peril.
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