The gold trick

Now that the U.S. debt ceiling season is upon us again, I’ve been wondering if the U.S.’s official gold price is going to finally be revalued from $42.22. Why so?…

Imagine waking up in the morning and checking the hockey scores, news, the weather, and how much the central bank has adjusted the gold content of the dollar overnight. This…

John Maynard Keynes and Harry Dexter White, who contributed to the design of the Bretton Woods system David Glasner’s piece on the gold standard got me thinking about the Bretton…

This blog wouldn’t be around if it wasn’t for gold bugs. Many moons ago my former-employer (and friend), the truest gold bug you’d ever meet, would lecture everyone in the…

Bob Murphy asks if central bank actions taken during the early 1930s might be considered “unprecedented”. In the comments I pointed out that during that era an early form of…