How the First World War Destroyed the Gold Standard
As Trump’s “Secretary of War” Pete Hegseth demands a fifty-percent increase to the war budget—topping an eye watering $1.5 trillion—it may be instructive to remember that war spending has always and everywhere been the primary enemy of sound money. Some advocates of the warfare state like to lay the blame on social spending, but it […] The post How the First World War Destroyed the Gold Standard appeared first on LewRockwell.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.