"The" guide to returning to a gold standard
All that glitters is gold and gold has never glittered so much
as it has in the last decade, reaching staggering new prices in
recent years. The definitive modern argument to returning to a gold
standard, "The New Gold Standard" succinctly and clearly explains
the nature of sound money, the causes and cures of inflation and
deflation, the importance of fiscal responsibility within a sound
monetary system, and the reasons for recessions and depressions.
Little has been written beyond academic histories of the gold
standard, but gold standard expert Paul Nathan fills that void for
the first timeWritten for beginning and professional investors, the
book provides guidance on how a gold standard will strengthen the
dollar, reduce debt, and help stabilize the economy, offering
easily applied strategies for investing in gold now and in the
futureThe degree of depressions and recessions and the boom bust
cycle can be avoided with a sustainable, stable monetary policyThe
international return to gold is not a fad but a sign of a world in
monetary transition
As long as governments continue to print money and deficits
continue to rise, gold will be a hot commodity. As inflation creeps
up, more and more talk will turn to returning to some version of
the gold standard, and "The New Gold Standard" is the first major
work to explicitly address the challenges and benefits of such a
move.
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