Western economic sanctions against Iran may end up reinstating the gold standard

[Serpo]

The March edition of the newsletter of the Gold Standard Institute begins with a clever essay by the newsletter's editor, Rudy J. Fritsch, explaining how Western economic sanctions against Iran may end up reinstating the gold standard, along with the "real bills" mechanism of old, at least in southwest Asia. The newsletter is posted in PDF format at the Gold Standard Institute's Internet site here:http://www.goldstandardinstitute.net/GSI/wp-content/uploads/2010/06/TheGoldStandard15.pdf


http://www.gata.org/node/11133