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The Gold Standard: Why The Financial And Economic Crises Continue - Steve Forbes | Forbes
Posted
August 19, 2021
Views
19,929
Likes
484
Comments
93
Engagement
2.90%
August 19, 2021
19,929
484
93
2.90%
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3:40Now PlayingMoney is a measure of value and works best when that value is stable, just like the inches in a foot. So when the U.S. abandoned the gold standard (50 years ago this week), it cost our economy trillions of dollars in lost growth, and those consequences aren’t over yet. Steve Forbes on the abandonment of the gold standard and on why the financial and economic crises suffered continue to date.
What's Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what's happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
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