by Ralph Benko | Apr 21, 2012 | Uncategorized
Originally posted on Saturday, April 21st, 2012 The gold standard gave America a solid monetary foundation. That foundation helped see America through the many upheavals of the 19th century. It positioned America to prosper. Gold was so iconic that a ceremonial...
by Ralph Benko | Apr 17, 2012 | Uncategorized
Originally posted on Tuesday, April 17th, 2012 “The appeal of the historic gold standard lay in an institutional capacity to build confidence.” — Professor Harold James In October 1990, then Professor Ben Bernanke co-authored with Professor Harold...
by Ralph Benko | Apr 12, 2012 | Uncategorized
Originally posted on Thursday, April 12th, 2012 [T]he State can supplant a spontaneously evolved monetary system with a centrally controlled system only after a prolonged struggle in which it must slowly and gradually overcome (through propaganda and the use of...
by Ralph Benko | Apr 6, 2012 | Uncategorized
Originally posted Friday, April 06, 2012 Share Milton Friedman famously once estimated that maintaining the gold standard would absorb 2.5% of the gross national product — a prohibitively expensive sum. Was he right? This projection echoes in certain memories. ...
by Ralph Benko | Apr 3, 2012 | Uncategorized
Originally posted on Tuesday, April 3rd, 2012 “The Road to American Prosperity Cannot be Paved with a Cheap Dollar.” That’s the conclusion offered in an important book by Professors R. Glenn Hubbard, Dean of the Graduate School of Business at Columbia University...
by Ralph Benko | Mar 29, 2012 | Uncategorized
Originally posted on Thursday, March 29th, 2012 Chatham House — The Royal Institute of International Affairs – recently released the Report of its Gold Taskforce to a brief flurry of media attention. Its own summary of findings, and links to the report,...
Recent Comments