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Footnotes & Sources

The background and pro and con arguments were written by ProCon.org staff based upon input from the following footnotes (directly referenced) and sources (used for general research and not directly referenced):
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  42. Matthew O'Brien, "Why the Gold Standard Is the World's Worst Economic Idea, in 2 Charts," theatlantic.com, Aug. 26, 2012

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  45. Paul Krugman, "Golden Instability," krugman.blogs.nytimes.com, Aug. 26, 2012

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  47. Barry Eichengreen, "A Critique of Pure Gold," nationalinterest.org, Aug. 24, 2011

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  49. James D. Hamilton, "A Disaster for Wages," nytimes.com, Mar. 8, 2011

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  51. Paul Heise, "The Gold Standard Isn't Good as Gold," ldnews.com, Nov. 21, 2012

  52. Frank Curzio, "Gold Mining Costs Rising Fast," goldnews.bullionvault.com, June 28, 2012

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  59. Scott Sonner, "Tribe Battles BLM over Nev. Gold Mine in US Court," desertnews.com, Oct. 6, 2011

  60. Jeffrey Frankel, "The Dollar's New and Old Rivals," nytimes.com, Nov. 10, 2010

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  62. Joe Weisenthal, "Why the Gold Standard Is the Worst Idea in the World in One Chart," businessinsider.com, Sep. 4, 2012

  63. Franklin Noll, "The Birth of US Fiat Currency," bloomberg.com, Apr. 2, 2012

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Ralph Benko and Charles Kadlec, The 21st Century Gold Standard: For Prosperity, Security, and Liberty, agoldenage.com, 2012

Barry Eichengreen, Golden Fetters : The Gold Standard and the Great Depression, 1919-1939, 1996

Charles P. Kindleberger, Manias, Panics, and Crashes, 1996

Ron Paul, Robert P. Murphy, and Llewellyn H. Rockwell, Pillars of Prosperity: Free Markets, Honest Money, Private Property, 2008