Product Details
Print Length: 276 pages
Page Numbers Source ISBN: 0984017836
Publisher: The Lehrman Institute (July 1, 2013)
Sold by: Amazon Digital Services, Inc.
Language: English
ASIN: B00DQG5QL8
In Money, Gold, and History, Lewis E. Lehrman raises three questions:
1) Will the perennial global monetary crisis and the century-old age of inflation still be underway a generation from now?
2) Will the global economy have succumbed to national rivalries, mercantilism, financial disorder, and entropy?
3) Or, will monetary order have been restored by the leading nations of the world in their own self-interest?
The solution is authorized by the United States Constitution in Article I, Sections 8 and 10 whereby the control of the quantity of dollars in circulation is entrusted to the hands of the people because the definition of the dollar was entrusted to Congress. In 1792, Congress defined by statute the dollar as a specific weight unit of precious metal.
5/5 The perfect prescription for years of bad monetary policy
By Jon Decker on July 9, 2013
Lewis Lehrman's new work "Money, Gold, and History" is a highly-informative overview of how a sound dollar leads to economic growth. Lehrman recaps the history of the gold-backed dollar, and explains how years of poor monetary policy have impacted the world. This is a must-read for anyone who is curious as to why our post-recession "recovery" has been so sluggish!
I believe that this book will teach its readers about the effects that money, or more precisely, gold, had on the economy of the world, and how that change has effected the world up to today.
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