Posts Tagged ‘gold standard’


The Wizard of Oz: An Economic Fairy Tale?

And all along, you thought The Wizard of Oz was a delightful children’s adventure, brought to life on the big screen in that famous movie starring Judy Garland. But in the years since the movie put the beloved L Frank Baum story into the cultural fabric of American life, a variety of scholars, historians and […]

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Can Apple Turn Gold Into Profits?

Gold – that ancient standard for wealth and beauty – has had a roller coaster ride in the world’s money markets lately, trading down from last year and struggling against other commodities in global investing. But a new maneuver from Apple Corp is poised to change all that, as the computer giant positions itself to […]

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Is the Gold Standard Becoming Obsolete?

After months in free fall, the price of gold is expected to rise in 2014, and changing conditions both in the US and around the globe are fueling an increase in gold investments. But as the prices of this precious metal swing up and down – in recent times, mostly down – some market watchers […]

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Inflation: The Best Trend to Invest In

Think inflation might be with us awhile? There have been a grand total of two years out of the last fifty-seven that haven’t seen at least some level of inflation in the United States. To us, that seems like a pretty strong trend that has only intensified since President Nixon took the country off the […]

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How Central Banks Control Monetary Policy Around the Globe

The different types of monetary policy undertaken by various nations can normally be categorized under one or more of the following approaches. Inflation targeting Under this policy approach the target is to keep inflation, under a particular definition such as Consumer Price Index, within a desired range. The inflation target is achieved through periodic adjustments […]

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How the US Dollar Came to be a Fiat Currency

Fiat – “An arbitrary order or decree.” Sometimes an organization (AMA is one) that spends its time throwing around lofty phrases like fiat currency should step down off the soapbox for a moment to define exactly what we’re talking about. In modern terms, a fiat currency is one that has no real value to back […]

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