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WHAT THE HISTORY OF MONEY SAYS ABOUT WHAT’S COMING.

Authors :
GOLDSTEIN, JACOB
Source :
TIME Magazine; 10/25/2021, Vol. 198 Issue 15/16, p38-40, 3p, 6 Color Photographs
Publication Year :
2021

Abstract

The author explores the future of money in the U.S. based on its history. Topics discussed include the concept of gold standard in trading, the role of the gold standard in the Great Depression, the reason why the economic advisers of former U.S. President Franklin Roosevelt and other economists are blinded by their devotion to the gold standard, paper money as a technology used for trading, the emergence of cryptocurrency, and the rise of stablecoins.

Details

Language :
English
ISSN :
0040781X
Volume :
198
Issue :
15/16
Database :
Complementary Index
Journal :
TIME Magazine
Publication Type :
Periodical
Accession number :
153000063