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From Gold Standard to Commodity Bonds
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From Gold Standard to Commodity Bonds

How Edison and Ford Shaped Modern Money

In a way, what we’re really talking about here is a gold standard.

Just not the one people imagine.

Thomas Edison would eventually lay out a 15-point proposal in May 1922 titled Proposal for Amendment to the Federal Reserve Banking System. We touched on it earlier through a New York Times article, but it’s worth sitting with it more carefully.

Edison wasn’…

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