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27 Feb 2020 1 minute read 1 comment VKrum
A system of its own. A medium of international payment. A protector of the downtrodden. The gold standard was first introduced in the United Kingdom in 1821 (some sources say 1717) followed by the US, Germany and France. Unfortunately it was set as...
28 Dec 2019 5 minute read 8 comments Daniel Goldman
It's also brilliant. In 1933, the US government wanted full control over the ability to manipulate and create its currency, and so it largely abandoned the gold standard. No country in existence today relies on the gold standard. Some argue that th...
16 Jul 2019 6 minute read 0 comments MoneyWiseAlpha
The people that control the creation of money are more powerful than the politicians Figure 1: A money printing press. Figure 1 shows a money printing press which you will find in any central bank in every nation of the world. Now, for you and I...
