The new issue (on sale today) of Worth magazine features an article on "A New Golden Age" by Nathan Lewis which is a nice recap of the history of the gold standard showing that we (along with the Roman's) thrived on a gold standard only to succumb to paper inflations.
"It is practically a truism that the decline of currency quality is mirrored in the decline of world power." Lewis has a new book Gold: The Once and Future Money.
