1 / 1 Relevant items tagged with #GoldStandard

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Experts Question Ghana VP’s Gold-Backed Currency Pledge

[Aug 21 10:30 PM] A Ghanaian banking consultant, Richmond Atuahene, has expressed concerns about Vice President Mahamudu Bawumia’s pledge to back the cedi with gold. Atuahene believes Ghana needs a stable economic environment before implementing this policy…

Financial Analyst Peter St Onge States Saving the Dollar Is Easy: Return to the Gold Standard

[Aug 16 10:30 PM] Peter St Onge, an economist and financial analyst, has explained his proposal to save the U.S. dollar from crumbling under the current central banking system. St Onge proposes returning to the gold standard, backing the total dollar issuance with…

WTF happened 53 years ago today — Why the Nixon shock is still affecting us all

[Aug 15 1:33 PM] In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price.

Dutch Central Bank Director Props Up Gold for Financial Collapse Scenario

[Nov 19, 2023 10:30 PM] Aerdt Houben, Director of Financial Markets for the Dutch Central Bank (DNB), has talked about the value gold could have in a financial collapse scenario. As the bank has been recently increasing its gold holdings, Houben stated that due to its…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

[Apr 13, 2023 11:30 AM] According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly…

Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency

[Apr 8, 2023 1:30 PM] Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this…

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

[Apr 6, 2023 11:30 AM] On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The…