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rune66

History of the United States dollar - Wikipedia, the free encyclopedia - 0 views

  • The sudden jump in the price of gold after the demise of the Bretton Woods accords was a result of the significant prior debasement of the US dollar due to excessive inflation of the monetary supply via central bank (Federal Reserve) coordinated fractional reserve banking under the Bretton Woods partial gold standard.
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    Har undret mig lidt over, hvordan FRB kunne sameksistere med en guldstandard (for det gjorde de). Det lader til, at pengemængden også under guldstandarden (Bretton Woods) ekspanderede, og at USA's centralbank på den måde i realiteten ikke har kunnet veksle alle dollar til guld. Præcis som banker i dag, har de garanteret at de kunne vel vidende, at hvis alle dollar skulle veksles, så kunne de ikke.
rune66

The New Gold Standard: Rediscovering ... - Paul Nathan - Google Books - 0 views

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    "The gold standard was abandoned in 1913 when the Federal Reserve System was created to replace it."
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    Aha! Guldstandarden blev forladt i 1913 IKKE først i 1971.
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