Overview for gold-standard

Before the Gold Standard

I'm very much enjoying Charles Mann's 1493 . So much of the book has deep relevance to current affairs, including this piece of monetary history on p. 135: [In contrast to commodity money,] fiat money has no intrinsic value, and is worth something only because a government declares it is. …

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Written by David Frum on Wednesday December 7, 2011

Red Gold

During Hurricane Irene, I took some time to read Barry Eichengreen's overview of international monetary history: em> Exorbitant Privilege

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Written by Noah Kristula-Green on Monday August 29, 2011