Saturday, March 30, 2013

Visualizing 193 Years Of Currency Regimes & Crises

As illustrated by this chart, currency wars have been and will continue to shape global monetary policies over the last two centuries.  The beneficiary is a rising price of gold, while its status as a currency of last resort continues unabated--for over 6000 years.

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/04/20130330_GSFX.jpg

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