Posts Tagged ‘Gold Standard’

Return to the Gold Standard?

Former Reagan Gold Commissioner Lewis Lehrman on the outlook for gold.       Watch the latest video at video.foxbusiness.com Watch the latest video at video.foxbusiness.com Share on Facebook
October 31st, 2013 | Audio-Video, Resources | Read More

Paul Krugman v. David Stockman: The Great Debate Over Gold Continues

Paul Krugman v. David Stockman: The Great Debate Over Gold Continues
by Ralph Benko Amid an ongoing decline in the price of gold, a major brawl recently broke out in the elite media over … the gold standard. What is this free-for-all all about?  And why does it matter?  It matters because… the gold standard finally has demonstrated that, after a long eclipse, it...
April 22nd, 2013 | Popular Articles, Resources | Read More

Sound Money vs. Stable Money

Sound Money vs. Stable Money
by Kenneth Gould Historically, there have been two contrasting monetary doctrines. The first doctrine favors what it calls “sound money,” defined as money that has a purchasing power determined by markets, independent of governments and political parties. A true gold standard is...
December 28th, 2012 | Popular Articles, Resources | Read More

Is a Gold Standard Necessarily Vulnerable to Speculative Attacks?

Is a Gold Standard Necessarily Vulnerable to Speculative Attacks?
   by Lawrence H. White My frequent co-author George Selgin (2012) finds it “more doubtful [today] than ever before that any government-sponsored and administered gold standard will be sufficiently credible to either be spared from or to withstand redemption runs.” He quotes...
December 18th, 2012 | Future of Money, Resources | Read More

Myth 8: The Gold Standard Helped Spread the Great Depression to the Rest of the World

by Lawrence H. White The second part of the “Golden Fetters” indictment, to quote a recent statement of it (Bordo 2010, p. 40), is that “The Great Depression spread across the world via the fixed exchange rate gold standard.”  In Eichengreen’s (1992, p. xi) earlier words, the international...
December 14th, 2012 | Popular Articles, Resources | Read More