1.

Record Nr.

UNINA9910139630403321

Autore

Nathan Paul <1944->

Titolo

The new gold standard [[electronic resource] ] : rediscovering the power of gold to protect and grow wealth / / Paul Nathan

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, Inc., c2011

ISBN

1-119-20253-1

1-283-17619-X

9786613176196

1-118-08423-3

1-118-08421-7

Edizione

[1st edition]

Descrizione fisica

1 online resource (226 p.)

Classificazione

BUS027000

Disciplina

332.4/2220973

Soggetti

Gold standard - United States

Gold - United States

Investments - United States

Monetary policy - United States

Inflation (Finance) - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

pt. 1. Gold and the domestic economy -- pt. 2. The international gold standard -- pt. 3. Returning to a gold standard -- pt. 4. Investing in gold.

Sommario/riassunto

"Paul Nathan, an expert on the gold standard, has written the definitive modern guide to returning to a gold standard that will work for global markets that are far different than those that existed in the 1970s when the U.S. moved off the gold standard. Written for beginning and professional readers, Nathan 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. He then offers guidance on how we can lean toward a gold standard (that doesn't involve extremist positions of abolishing the Fed and the like) that will strengthen the dollar, reduce debt, and help stabilize the economy. Booms and busts



can never be prevented but depressions and recessions can be avoided with a sustainable, stable monetary policy. Finally, Nathan presents strategies for investing in gold now and in the future. Readers will learn that the international run toward gold is not a fad but a world in monetary transition. Everyone needs to understand what this means for their investments and their spending and saving"--