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.
