Tag: gold standard

A Gold Standard is The Best Way to Keep Both Interest Rates And Inflation Low

Federal Reserve Chairman Jerome Powell just arrogantly dismissed the potential that a restored gold standard could offer to Americans and those whose economic interests are indelibly linked with American productivity and solvency. But far from just helping ordinary American workers, savers and entrepreneurs, a gold standard could help the world […]

Jerome Powell is Wrong: The Gold Standard Could Help to Solve Most of The Dire Economic Problems in a Changing World

Federal Reserve Chairman Jerome Powell just arrogantly dismissed the potential that a restored gold standard could offer to Americans and those whose economic interests are indelibly linked with American productivity and solvency. But far from just helping ordinary American workers, savers and entrepreneurs, a gold standard could help the world […]

SDRs Have Clear Advantages Over The Dollar But Gold Has Intrinsic Advantages Over Both

During the lengthy discussions which led to the 1944 Bretton Woods Agreement, economist John Maynard Keynes opposed fixed exchanged rates via-a-vis a gold backed US dollar. He instead proposed the creation of a super-national unit of account which he called the bancor. The justification behind a seemingly tedious accounting unit […]