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2 sty 2012 · Written for beginning and professional investors, the book provides guidance on how a gold standard will strengthen the dollar, reduce debt, and help stabilize the economy, offering easily applied strategies for investing in gold now and in the future
23 paź 2021 · The chapter is a helpful prophylactic against common and superficial misunderstandings and also contains the most exciting idea in the book, which is White’s claim that prediction markets could be used to help set the dollar-gold parity for a resurrected gold standard.
Reviewed by Patrick Horan | Published fifty years after Richard Nixon ended international convertibility of the U.S. dollar into gold and effectively ended the Bretton Woods System, The Gold Standard: Retrospect and Prospect is a volume featuring contributions by ten authors.
The United States cannot establish 100 percent gold backing for M1 without great expense. To be specific, at $1,600 per ounce of gold, the difference between M1 (about $2.1 trillion) and the current value of the U. S. government’s stock of gold (about $400 billion) is nearly $1.7 trillion.
PDF | On Apr 3, 1997, Claus M. Germer published The concept of the 'gold standard' and the misunderstandings of political economy | Find, read and cite all the research you need on ResearchGate
This is the first of three chapters that consider the operation of the reconstructed gold standard system following World War I; it documents the decline in its credibility and in international cooperation over it, in comparison with the prewar era.
21 sie 2019 · Combining popular persuasion and academic analysis, the book warned that the nascent gold–dollar system was unsustainable and would implode as had happened in 1931 and 1933. Triffin described his “double dilemma” to the Joint Economic Committee.
