terça-feira, novembro 01, 2011
Democracia e padrão ouro
"In his book "Golden Fetters", Barry Eichengreen argued that one reason the gold standard failed to work after the first world war was that most states had become democracies; regular doses of austerity were needed to ensure sound money. But that was politically impossible once the working classes had the vote, especially as politicians were worried about the threat of communist revolution."
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Interessante ponto retirado de "Voting away your debts"
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Interessante ponto retirado de "Voting away your debts"
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