Economist Exposes Gold Standard Myth Featuring Richard Wolff
June 29, 2022
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9:05Now PlayingEconomist Exposes Gold Standard Myth Featuring Richard Wolff
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as posted by the channel'Return to the Gold standard' is repeated almost every economic crisis starts, but is returning to the gold standard really going to fix
There's a lot of talk by right wingers about returning to the Gold Standard. What was the gold standard, how did it work, and why is returning to it either impossible or a bad idea?
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Could the Gold standard actually save America's economy from recession or is the gold standard just an idealistic approach to systematic problems.
Richard Wolff breaks down the Gold Standard and why it just doesn't add up.
Professor Richard Wolff is the Economist / Co-founder, Democracy At Work / Author of numerous books - his latest is The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself (also available as an eBook)
Website: www.democracyatwork.info / www.rdwolff.com
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