by Ralph Benko | Sep 25, 2012 | Uncategorized
Tuesday, September 25, 2012 Share German’s central bank is the lone dissenter from the European Central Bank’s policy of aggressive bond purchases. And a much deeper process also may be under way, one entailing a public recognition of the virtues of the...
by Ralph Benko | Sep 22, 2012 | Uncategorized
Originally posted on Saturday, September 22nd, 2012 Monetary policy was a central part of presidential campaigns in the past. Candidates would often differ about the best standard for American currency. Below is memorabilia from the McKinley presidential ticket of...
by Ralph Benko | Sep 20, 2012 | Uncategorized
Originally posted Thursday, September 20, 2012 Share Trobrianders use yams as currency, and consider them a sign of wealth and power. The Trobriand Islanders use yams as currency. Their practices are summarized in the Wikipedia. Each year, a man grows yams for his...
by Ralph Benko | Sep 18, 2012 | Uncategorized
Originally posted Tuesday, September 18, 2012 Share “(Lewis) Lehrman had in mind a traditional gold standard, restoring dollar convertibility into gold, although he also proposed changing Federal Reserve institutional arrangements, prohibiting open market...
by Ralph Benko | Sep 13, 2012 | Uncategorized
Originally posted on Thursday, September 13th, 2012 A particularly notorious part of FDR’s efforts to find a way to lift the Depression was an executive order requiring all, with very narrow limitations, under threat of prosecution, to turn in their gold...
by Ralph Benko | Sep 11, 2012 | Uncategorized
Originally posted Tuesday, September 11, 2012 Share The China Post: “One platform of the recent U.S. Republican National Convention that, ultimately, could reverberate around the world is a plan to study a possible return of the U.S. to the gold standard. While...
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