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Professor Antal Fekete

from Sunday Morning on Sunday 25 October 2009

The Gold Standard is a currency system based around the premise that a paper-note's value is exchangeable for an agreed and predetermined volume of gold. Countries have universally retired this system replacing it with the 'fiat system' of legal tender. Professor Antal Fekete is a world renowned monetary expert and mathematician who believes it's time to bring back the gold as the standard.

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