Having read 37% of this book I ask myself: Will a global gold standard create equal standards of living across the globe? A equalization between US and even Greece is not that difficult, but imagine the Chinese population at $100 a month averaged into the 300 million US populace?
Im gonna have to read the book to get Rickards spin on 1870-1914 as being prosperous on the classical gold standard. The silver standard being blocked by banking cartels and something some historians refer to as the Long Depression. Rothbard disagrees with there being a technical long depression but there were certainly problems along the way.