The True Gold Standard (Second Edition)
Monetary Reform is in-style this summer as gold fashion has reemerged as a popular trend.
In the late 1960’s, the Peace Movement brought tie- dye tee shirts, flower power prints, and peace signs up to the forefront of American fashion. In 2012, it is possible that fashion has once again reflected political trends with the emergence of Gold summer clothing lines. Fabsugar.com has recently covered this summer’s rise in gold fashion, and has encouraged readers to participate in the “gold rush” for summer clothing. With the U.S. debt currently pegged at around $15 trillion, now is certainly an appropriate time to make gold this summer’s biggest trend.
The Federal Reserve System's James Narron and David Skeie, career officials with the Federal Reserve System, are two eminent historically erudite figures. Writing in the New York Federal Reserve Bank's online publication, Liberty Street Economics, they recently provided a continuation of their valuable historical "revue," Crisis Chronicles: The Collapse of the...
Jul 14, 2014
On July 6th, Nobel economics laureate and Princeton Professor launched, in the New York Times, one of his occasional polemics, entitled Conservative Delusions About Inflation, against proponents of the gold standard. Krugman Caricature under creative commons license from DonkeyHotey As usual, Prof. Krugman is, conveniently for the position he takes, beyond lopsided...
Jul 23, 2014
An article headline in Saturday’s Wall Street Journalread “Rate Talk Heats Up Within The Fed.” As Journalreporters Jon Hilsenrath and Michael Derby...
Oct 08, 2013
Key Monetary Writings
"[The gold-exchange standard] was the outcome of an unbelievable collective mistake which, when people become aware of it, will be...
Why the Gold Standard?