Showing posts with label gold window. Show all posts
Showing posts with label gold window. Show all posts
Sunday, September 7, 2014

Richard Duncan gets creditism wrong three ways

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Richard Duncan gets creditism wrong three ways here  for The Daily Reckoning last July in "Creditism and the Threat of a New Depression...
Tuesday, August 19, 2014

Gold bug Ralph Benko thinks Richard Nixon had to resign over the closing of the gold window!

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I like Ralph Benko. Ralph Benko often makes important arguments on behalf of the gold standard. But when he tries to force everything in the...
Tuesday, April 22, 2014

The rapid rise of income inequality in the US dates from the close of the gold window

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From The New York Sun, here : The top decile's share of income went from something like 33% in 1971 to above 47% by 2010. Hm...
Tuesday, October 22, 2013

The US Dollar Currency Index Low Was 71.58, Reached In April 2008

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71.58 on the US Dollar Currency Index in April 2008 represented a decline of the dollar in excess of 40% from the 120 level which prevailed ...

Since 1967 The US Dollar Currency Index Average Is 97.76, But 120 Remains The Gold Standard Benchmark

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The US Dollar Currency Index benchmark is really 120 since that is the level which prevailed before the closing of the gold window in 1971, ...
Monday, October 7, 2013

Be Careful, Default Is A Venerable Old Liberal Democrat Specialty, Exponentially Imitated By Liberal Republicans

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The Atlantic  stumbles into the truth, here : In 1933, President Roosevelt devalued the dollar against gold. That violated the so-called go...