A New Gold Standard: Will It Be Orderly Or Chaotic?

A New Gold Standard: Will It Be Orderly Or Chaotic?

Over the past century, monetary systems change about every 30 to 40 years on average. Before 1914, the global monetary system was based on the classical gold standard. Then in 1945, a new monetary system emerged at Bretton Woods. I was at Bretton Woods this past...
RIP Economic Cooperation, 1944–2019 By Patrick Watson

RIP Economic Cooperation, 1944–2019 By Patrick Watson

Last month, world leaders observed the 75th anniversary of D-Day, when Allied troops stormed the beaches of Normandy, France. It was a critical day in world history. However, other things happened that year. As that massive invasion took place, a smaller group...