| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subject: gold standard The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold. Three distinct kinds of gold standards can be identified. The gold specie standard is the system in which the monetary unit is associated with a circulating gold coin. The gold exchange standard may involve only the circulation of silver coins, or coins made of other metals, but the authorities will have guaranteed a fixed exchange rate with another country that is on the gold standard, hence creating a de facto gold standard in that the value of the silver coins has a fixed external value in terms of gold that is independent of the inherent silver value. The gold bullion standard is a system in which gold coins do not actually circulate as such, but in which the authorities have agreed to sell gold bullion on demand at a fixed price. (Wikipedia Jan 2010) World economy By John Schroy, on October 10th, 2006 |  Leave a comment  Thirty years ago, about the time the world went off the gold standard, US income from abroad was more than double the amount of income that the US paid to the rest of the world. This surplus of investment income from abroad has been gradually diminishing. This year, or the next, this foreign income surplus may disappear forever. Does this mean that the US is ‘losing its groove’? October 10th, 2006 | Print Article |  Email Article |  Topics: Baby Boomers, Capitalist Ideology, Corporate Governance, dividends, Globalization, gold standard, Stock Buybacks, US taxation | Category: Foreign Investors, featured | Leave a comment |  Short urlWorld Economy By John Schroy, on February 19th, 2006 | Leave a comment  It used to be that the term ‘international liquidity’ meant the relative amount of resources available to a nation’s monetary authorities that could be used to settle a balance of payments deficit. In the days of the gold standard, this would mean access to gold that could be used to redeem a nation’s currency held by foreigners. After Bretton Woods and the advent of the dollar-gold exchange standard, liquidity came to mean access to dollars, either held as reserves or as credit lines, or the SDR system maintained by the International Monetary Fund. February 19th, 2006 | Print Article | Email Article | Topics: central bank, Currencies, gold standard, IMF, international liquidity | Category: World Economy, featured | Leave a comment | Short urlUS Trade Deficit By John Schroy, on March 31st, 2005 | Leave a comment  Since the 1980s, the US. trade deficit has been a constant force in the American economy, rising more some years than others, while corporate bond yields have been generally falling. Because rising trade deficits lead to increased demand for fixed income securities, and because issuers have not fully met this demand, the price of bonds has risen for twenty years, while bond yields have fallen. March 31st, 2005 | Print Article | Email Article | Topics: Benjamin Graham, central bank, deindustrialization, demographics, Globalization, gold standard, Inflation, Interest Rates, Jimmy Carter, Lyndon Johnson, oil, Real Estate, Richard Nixon, US Treasury, Vietnam | Category: US Trade Deficit | Leave a comment | Short urlFeatured articles on inside pages
|    Capital Flow Watch has hundreds of articles on economics and investments. Articles have excerpts on the front pages, and on tag, category, search and archive pages. 
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Copyright © 2010 Capital Flow Watch - All Rights Reserved | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Popular Articles