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Tag Archives: US Treasury
Gold, sovereign reserves and credit worthiness – Part 2
(cont’d from Part 1, here) …. things are never as bad as they seem It was well before the execution of the Federal Reserve Act that a 40% gold reserve ratio already existed as a US Treasury requirement – whether … Continue reading
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Tagged Gold, gold standard, monetary system, reserve ratio, US Treasury
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Commentary: Interim piece on monetary standards
I am no economist, but it occurs to me the multitude of articles and countless economists deriding metallic and bimetallic standards do not understand what was being attempted previously in doing so. The way I see it, every previous attempt … Continue reading
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Tagged Currency, Federal Reserve System, Gold, monetary standards, US Treasury
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