Tag Archives: Alan Greenspan
Gold, money, the 1980s and now
When did the culture of ‘money mania’ start? When did people first set out to grab as much money as possible at whatever cost? When did the momentum for credit creation —paper money calling for more money — become unstoppable? Let us contrast the past 30 years with the years 1880-1910. Under the classical gold…
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The world needs a new currency
The following article by Robert Pringle was published by The Christian Science Monitor on July 27. The financial crisis, the 2008/09 recession, the banking scandals that have followed, and today’s limping recovery are all linked. The common factor is the absence of a real international monetary and banking order. Only when such an order is restored will…
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