Robert Gilpin - The dreams of "leaving it up to the market" or of returning to a politicall

The dreams of "leaving it up to the market" or of returning to a politically neutral gold standard cannot succeed because the nature of the monetary system has a profound impact on the interests of powerful groups and states. Affected groups and states will always try to intervene in the operation of the system to make it serve their interests.

- Robert Gilpin

source: "The Political Economy of International Relations". Book by Robert Gilpin, 1987.

topic: Dream, Powerful, Impact, Gold Standard