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The True Gold Standard - A Monetary Reform Plan without Official Reserve Currencies
The True Gold Standard - A Monetary Reform Plan without Official Reserve Currencies
by Lewis E. Lehrman
Edition: Paperback
Price: $8.81
32 used & new from $1.02

11 of 11 people found the following review helpful
5.0 out of 5 stars True Gold Standard -- A Must Read for Policy Makers, November 4, 2011
Lew Lehrman's most recent book on why we need to adopt a new gold standard comes at just the right time. As the country debates debt reduction and budget policy, he puts on the table one of the most important tools we have to restore economic growth -- at the 4-5% annual level we need. The book makes the constitutional and policy arguments for the gold standard as a means of allowing economic growth that will generate the revenue we need to eliminate deficits and avoid a future debt crisis of our own. Lehrman is a true disciple of the brilliant French professor, Jacques Rueff, who successfully used the gold standard to guide France back from the economic brink after World War I while at the same time avoiding both the inflation and deflation that variously plagued other European countries. Anyone familiar with modern monetary policy and bank regulation in the United States knows we face the same dual perils today.
The book proposes concrete steps to transition the world economies to a true gold standard, as well as spelling out the specific means of establishing it. By addressing the various critiques of the gold standard systematically and convincingly, Lehrman has laid the groundwork for political leaders to take up the proposal. Lew Lehrman has written a tour do force for an idea that must be part of the policy debate of our time.


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