Counter to Ben Bernanke’s The World on a Cross of Gold

Extract from Gold Standards and the Real Bills Doctrine in U.S. Monetary Policy by Richard Timberlake. The references to “Bernanke 1993″ are to Ben Bernanke’s 1993 article “The World on a Cross of Gold” in the Journal of Monetary Economics.

Ben Bernanke, in a laudatory review of Golden Fetters, agrees with its main thesis. . . . → Read More: Counter to Ben Bernanke’s The World on a Cross of Gold