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What is "Stable Value"? - Nathan Lewis - New World Economics

Stable value is a good horse.

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Beginning of the headline : (This item originally appeared in Forbes.com on January 19, 2012.) http://www.forbes.com/sites/nathanlewis/2012/01/19/what-is-stable-value-in-currency-terms/ The reason that we use gold, in a gold standard system, instead of, say, orange juice, is because we are trying to accomplish a goal, and gold is the best way to do so... Read More

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