Gold and the Gold Standard: The Story of Gold Money Past, Present and Future - Hardcover

by Edwin Walter Kemmerer (Author)

Gold and the Gold Standard: The Story of Gold Money Past, Present and Future by Edwin Walter Kemmerer is a comprehensive book that delves into the history and significance of gold as a form of currency. The book explores the role of gold in the global economy, from its use in ancient civilizations to its impact on modern financial systems. Kemmerer provides a detailed analysis of the gold standard, a monetary system that was used by many countries in the past and is still used by some today. He explains how the gold standard worked and the benefits and drawbacks of using gold as a standard for currency. The author also examines the various factors that have influenced the price of gold over time, including supply and demand, inflation, and geopolitical events. He discusses the impact of gold on international trade and the role of gold in central bank reserves. In addition to historical analysis, Kemmerer also offers insights into the future of gold as a form of currency. He explores the potential for digital currencies to replace physical gold and the implications of this shift on the global economy. Overall, Gold and the Gold Standard is a valuable resource for anyone interested in the history and future of gold as a form of currency. It provides a comprehensive overview of the topic and offers insights into the role that gold will play in the global economy in the years to come.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.