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The Monetary Sin of the West

  • The Monetary Sin of the West by Rueff
January 5, 2007

Tags Global EconomyMoney and BanksU.S. HistoryMoney and Banking

The problem of Western currency is more topical than ever. The international monetary system has been patched up by many expedients that were intended to extend its assured life. It cannot endure very long in the present state.

Rueff looks at

  • the American dollar
  • the balance of payments
  • the gold standard
  • inflation and Eurodollars, and
  • details the steps necessary to preserve the U.S. monetary system

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References

NY: The MacMillan Co., 1972