The Paradox of Gold and the ‘War to End Wars’

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The Paradox of Gold and the ‘War to End Wars’

As the clouds of war gathered before the start of the Great War, the ‘War to End Wars’, WWI, the pundits were predicting that any major war could not last more than a few months; the treasuries of the combatants would rapidly run out of money… Yet the slaughter continued for years… how?

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