chiker

Fiat Money and a Profligate Congress: A Bad Combination

saw you comment under forsythe/barrons..i hadnt seen your grants comment before i posted. Grant spent many issues laying out the history and decline of the Gold Standard...and probably is one of the few people on the planet that can teach balance-of-payments control(or lack of), where special-drawing-rights failed, the French/Roueff's understanding from the 60's etcetera. Most importantly he can really question what a dollar, or any fiat currency is worth. I used James Fallows books on China and found them very helpful to complete qualitatively, the puzzle of China-USA economics. good luck thank you