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You are here: Home / Federal Reserve / Larry Parks interviews Matthew Bishop, NY Bureau Chief, THE ECONOMIST about his “In Gold We Trust?: The Future of Money in an Age of Uncertainty”

Larry Parks interviews Matthew Bishop, NY Bureau Chief, THE ECONOMIST about his “In Gold We Trust?: The Future of Money in an Age of Uncertainty”

June 1, 2015 by Larry Parks

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Larry Parks interviews Mathew Bishop, NY Bureau Chief, THE ECONOMIST about his new book (with Michael Green) In Gold We Trust? The Future of Money in an Age of Uncertainty. States Mr. Bishop: ““Let’s have a look at the history of money. Let’s have a look at the role that gold has played in it. And let’s look in particular at this question that I am fascinated by why at the end of the 1990’s gold was regarded as a complete historical anachronism by the conventional wisdom. And now, over the last decade, it has come back very very strongly and I find more of the really smart investors, the people who saw that there was going to be a financial crisis in 2008; they are actually invested in gold. I wanted to understand that and explain what was going on to a wider audience.” “ . . . probably gold is going to be something that we’re going to be talking about more in the future because it is the best alternative that’s out there to paper money which I think is in for quite a prolonged crisis.”

Get In Gold We Trust? The Future of Money in an Age of Uncertainty from Amazon.


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“If, however, a government refrains from regulations and allows matters to take their course,  essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.” 

— John Maynard Keynes,  The Economic Consequences of the Peace, 1920, page 240

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