What is the purpose of a gold standard system? If you ask the typical academic Keynesian economist this question, he would probably say that there was no purpose at all. People used gold just because ...

“With all thy getting, get understanding." Bringing up the subject of a gold standard is strictly verboten in the economics profession and among financial policymakers. It’s long past time to break ...

Explore the bimetallic standard, a monetary system where governments accept gold and silver coins as legal tender, providing ...

Once upon a time, you could reach into your wallet, pull out paper money known as a gold certificate and ask your bank teller to please redeem its value in gold. The advantage to such a system? It was ...

— -- Talking about the monetary system these days requires using unimaginably large numbers, such as $1 trillion, the total U.S. currency in circulation, and $10.9 trillion, the U.S. government ...

Sorry, gold bugs -- Robert Zoellick doesn't want a return to using the metal as a global currency standard, after all. I don't believe you can return to a fixed ...

The gold standard is a monetary system under which all forms of currency may be converted, on demand, into a fixed amount of gold. In the latter half of the 19th century, many of the world’s major ...

"The gold standard has returned to mainstream U.S. politics for the first time in 30 years," say Robin Harding and Anna Fifeld at The Financial Times. The GOP is preparing to include a "gold ...

When the price of gold tipped $1,400 a troy ounce this week, the news fit right into a frenzy over the metal ignited by the World Bank president on Monday. In a Financial Times column, Robert Zoellick ...

The Gold Standard is among the most influential systems in world economic and financial history. In simple terms, the Gold Standard is a monetary system where the value of a country's currency is ...