
Gold: The Once and Future Money (Agora Series)


It was a fear of the economic and social upheaval that might be caused by money losing its value that drove Britain to adopt "sound money" policies nearly 300 years ago. This move coincided with an unplanned switch to using gold instead of silver as the basis of money and, ultimately, to the accidental birth of the gold standard. Its &quo
... See moreMichael Green • In Gold We Trust? The Future of Money in an Age of Uncertainty (Kindle Single)
The clear winner in this race throughout human history has been gold, which maintains its monetary role due to two unique physical characteristics that differentiate it from other commodities: first, gold is so chemically stable that it is virtually impossible to destroy, and second, gold is impossible to synthesize from other materials (alchemists
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