Bernanke: China's Dollar Peg Like Being on Gold Standard
Join the discussion below, or Read more at Wall Street Journal.
#1 Mar 20, 2012
The problems of being on a gold standard can be seen in China's decision to tie its currency to the U.S. dollar, Federal Reserve Chairman Ben Bernanke said Tuesday.
Full story: Wall Street Journal (24 min a
THE PROBLEM THE UNITED STATES GOVERNMENT AND THE "WALL STREET JOURNAL" SEE WITH THE GOLD STANDARD IS NOT THAT IF THE UNITED STATES WOULD HAVE KEPT THE GOLD STANDARD THE PEOPLE IN THE UNITED STATES COULD STILL FILL UP THE CAR TANK FOR $3.00, BASE ON THE PRICE OF SILVER NOW, WHERE THE TYPICAL U.S. SILVER DOLLAR IS NOW WORTH $25.00.
Add your comments below
|Behind the scenes of U.S.-Cuba turnaround||Aug '15||WE JUST DONT CARE||10|
|Atheist Demands Catholic Imagery be Removed fro... (May '15)||May '15||Polaris||5|
|More Surgery for Harry Reid Wednesday (Feb '15)||Apr '15||Viewer||19|
|Happy Birthday, Lincoln Steffens, One of the Fi... (Mar '15)||Mar '15||chill||1|
|Daycon Strike Wears On (Jun '10)||Mar '15||Blackmail||23|
|This Day In History - First African American to... (Feb '15)||Feb '15||coretta||2|
|Obama and the Muslim Gang Sign (Feb '15)||Feb '15||Islam Forbids||2|
Find what you want!
Search George Washington University Forum Now
Copyright © 2015 Topix LLC