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/r/Rothbardian
Considering that Rothbard was still alive a few years after the event, I tried searching if he had written something about it, but did not find anything. Do you know of anything he wrote or said about it? Or might have the events been too recent, and hence still too difficult to get a sufficiently firm grasp on what happened, for it to be subject to comment?
In What Has Government Done to Our Money?, Rothbard makes a fascinating point that when the US was about to go off the gold standard, people thought the price of gold would subsequently fall.
In 1971, proponents of fiat, “thought that it was the mighty dollar that was propping up the price of gold, and not vice versa” (pg. 109).
Does anyone know the primary source of which famous economist(s) were predicting a DROP in the gold price? Rothbard unfortunately doesn’t include a citation. It comes from pg. 109 of his book here.