In Video: In the News

What Is a Gold Standard?

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Written by Staff  - LearnLiberty.org
Wednesday, May 08, 2013

The United States abandoned the gold standard completely in 1974. Professor Lawrence H. White discusses what the gold standard was, why it was abandoned, and whether abandoning it was a good idea. The gold standard meant that currency could be redeemed by banks for gold. The dollar had a set value that it retained. If you went to the bank in the gold-standard era before World War I, for example, you could trade $20.67 at the counter for an ounce of gold. Because the currency was guaranteed Read more

 

No End in Sight for Quantitative Easing?

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Tuesday, April 16, 2013

Lehrman Institute Chairman Lewis E. Lehrman, Moody’s Chief Economist John Lonski and Seaport Securities’ Ted Weisberg on Fed policies’ impact on the markets.

 

Does America Need a Strong Dollar Policy?

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Friday, March 15, 2013

Does America Need a Strong Dollar Policy? from Intelligence Squared U.S. Debates on FORA.tv

It’s often taken for granted that America needs a strong dollar.  When the value of the U.S. dollar is strong relative to other currencies, it becomes attractive to investors and allows Americans to buy foreign goods and services cheaply.  But in times of recession, are we better off with a weak dollar that stimulates U.S. manufacturing by making our goods cheaper and more competitive?  Or will the loss of purchasing power and currency manipulation abroad, offset the po Read more

 

Fed Action to Prompt Return to Gold Standard

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Friday, March 01, 2013

James Grant, founder & editor of Grant's Interest Rate Observer, predicts that the result of recent Federal Reserve action will prompt a return to the gold standard for the United States. He speaks on Bloomberg Television's "Bloomberg Surveillance."

 

Would Returning to Gold Standard End Currency Wars?

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Thursday, February 14, 2013

Bank of New York Mellon's Michael Woolfolk and TCW's Komal Sri-Kumar discuss the currency wars on Bloomberg Television's "Street Smart."

 
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