Why Gold-Backed Currencies Help Prevent Wars - excellent PDF article

Discussion in 'Markets & Economies' started by THUCYDIDES79, Dec 16, 2010.

  1. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank
    Hello Stackers,

    Check out the PDF 8 page document below



    ** First paragraph cut & paste to give you a taste ** ;)

    The context
    I will start my talk with an allegation. You have gathered here for a specific
    reason. You have come because the gold standard was given up in 1914 at the
    beginning of World War I.
    Looking at the program, I see that all of the topics with which we are going to deal
    are in some way related to that event. World history proves that there is a close
    relationship between monetary systems and war and peace. It is also evident that there
    is a close relationship between monetary systems and ethics and morals.
    Unfortunately, it is not widely known that the 19th century was a period of
    prosperity and economic growth without inflation. It strikes us like a fairytale when
    we discover that in those days the most important currencies in the world were stable
    over a long period. The French franc, for example, remained solid for one hundred
    years. It was the era of the gold standard.

    The Life Span of Currencies

    French Franc 1814 1914 100 years
    Dutch Guilder 1816 1914 98 years
    Pound Sterling 1821 1914 93 years
    Swiss Franc 1850 1936 86 years
    Belgian Franc 1832 1914 82 years
    Swedish Krona 1873 1931 58 years
    German Mark 1875 1914 39 years
    Italian Lira 1883 1914 31 years
    (Source: Pick's Currency Yearbook 1977 1979)



    http://lips-institute.ch/en/wp-content/uploads/file/articles_pdf/Whygoldhelppreventwars.pdf.pdf
     
  2. Willow

    Willow New Member

    Joined:
    Nov 28, 2010
    Messages:
    474
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    excellent read, thanks.
     
  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,442
    Trophy Points:
    113
    Have looked at it briefly THUCYDIDES79, but will need to sit down with a bottle of red tonight and put me thinkin cap on to absorb the information. I might have a few questions afterwards that will need answering.
     
  4. Cuarcumsent

    Cuarcumsent New Member

    Joined:
    Dec 16, 2010
    Messages:
    1
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Germany
    Bowl of green pour moi if I'm to analise.
     
  5. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank
    hehe, Du konntest gar nichts besseres sagen in deinem ersten Post haha
    mich auch :cool:
     
  6. boneyard

    boneyard Well-Known Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    6,093
    Likes Received:
    426
    Trophy Points:
    83
    Location:
    55G 528505 5257160 TASSIE
    Du konntest gar nichts besseres sagen in deinem ersten Post haha
    mich auch

    You could do nothing better to say in your first post haha
    me

    Thanks to google translate.........:)
     
  7. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank
    damn Google !! :)
     
  8. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,680
    Likes Received:
    4,442
    Trophy Points:
    113
    Well you won't be much good to turn to advice for :D
     

Share This Page