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The new gold standard : rediscovering the power of gold to protect and grow wealth / Paul Nathan; [foreword by Donald L. Luskin]

By: Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Publisher: Hoboken, N.J : Wiley, c2011Copyright date: ©2011Edition: Online-AusgDescription: Online-Ressource (1 online resource (xix, 204 p.))ISBN:
  • 9781283176194
  • 128317619X
  • 9781118084212
Subject(s): Additional physical formats: 9781118043226 | 1118043227 | 9781118084212 | 1283174774 | Erscheint auch als: The new gold standard. Druck-Ausgabe Hoboken, N.J. : Wiley, 2011. XIX, 204 S.DDC classification:
  • 332.42220973
  • 332.4/2220973
  • BUS027000
RVK: RVK: QM 332LOC classification:
  • HG457
Online resources: Summary: 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 time Written 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 future The degree of depressions and recessions and the boom bust cycle can be avoided with a sustainable, stable monetary policy The 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.Summary: Intro -- The New Gold Standard: Rediscovering the Power of Gold to Protect and Grow Wealth -- Contents -- Foreword -- Preface -- Part I: Gold and the Domestic Economy -- Chapter 1: Why Gold? -- Gold: The King of Metals -- Gold Becomes the Standard of the World -- Too Little Gold-Or Too Much Paper? -- The "Gold Prevents Prosperity" Myth -- In Gold We Trust -- Chapter 2: The Gold Standard: A Standard for Freedom -- What Money Is . . . -- . . . And What Money Is Not -- The Nature of Inflation -- The Fiat Standard at Work -- The Illusion of Prosperity -- The Meaning of the Gold Standard -- Chapter 3: Why Prices Have Not Skyrocketed -- On Human Action -- Quantity versus Values -- The Quantity of Money and the Gold Standard -- Too Little Fiscal Responsibility Chasing Too Many Politicians -- Chapter 4: The Inflation/Deflation Conundrum -- The Cause of the Recent Spike in Commodities -- Chapter 5: Central Banking in the Twenty-First Century -- The Rise of Populism -- A World in Transition -- The Fed of the Twenty-First Century -- Part II: The International Gold Standard -- Chapter 6: The Making of an International Monetary Crisis -- Monetary Theory: Past -- No Curb on Governments -- The Policy Makers -- The Process of Confusion -- Condemnation of Gold -- Evolution of the Theory -- Fractional Reserve Banking -- The Great Depression -- Devaluation in 1934 -- Bretton Woods -- The Theory Projected -- If at First You Don't Succeed . . . -- The SDR: As Good as Gold Again! -- Debt Amortization or Default: The False Alternative -- The Frightening Prospect of an International Debt -- Toward an International Fiat Reserve System -- Simply Repetitious -- The Real Meaning of Monetary Reform -- Chapter 7: The Death of Bretton Woods: A History Lesson -- Fixed Exchange Rates, Flexible Rules -- Export or Devalue: Institutionalizing the Devaluation Bias.PPN: PPN: 809350262Package identifier: Produktsigel: ZDB-26-MYL | ZDB-30-PAD | ZDB-30-PBE | ZDB-30-PQE
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