Economy Apr 30

No image
Why Is the Gold Standard a Bad Idea?

Question: Why is the gold standard such a bad idea? I know it is a discredited system, but having never studied economics, I don’t understand why. Right now, is our money just some arbitrary amount issued by the Federal Reserve?…

Editor’s Note: The government reported Wednesday that consumer prices fell in March, indicating a weakened demand for goods and services. But while this price drop raises the specter of deflation, many economists contend that the real risk to…

Latest News