Re: Alan Greenspan geht hier mit Scheinproblemen um

verfasst von Theo Stuss, 02.05.2002, 08:59

Zitat:


The immediate problem of restoring a GOLD STANDARD is fixing a gold price that is consistent with market forces. Obviously if the offering price by the Treasury is too low, or subsequently proves to be too low, heavy demand at the offering price could quickly deplete the total U.S. government stock of gold, as well as any gold borrowed to thwart the assault. At that point, with no additional gold available, the U.S. would be off the GOLD STANDARD and likely to remain off for decades.

Alternatively, if the gold price is initially set too high, or subsequently becomes too high, the Treasury would be inundated with gold offerings. The payments the gold drawn on the Treasury's account at the Federal Reserve would add substantially to commercial bank reserves and probably act, at least temporarily, to expand the money supply with all the inflationary implications thereof.


Man sollte ihm Dottores Krisenschaukel empfehlen.




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gesamter Thread:

• Alan Greenspan über die Modalitäten einer Rückkehr zum Goldstandard - Theo Stuss, 02.05.2002, 08:46
  • Dazu ein Kommentar von Judy Shelton - Theo Stuss, 02.05.2002, 08:50
  • Re: Alan Greenspan geht hier mit Scheinproblemen um - Theo Stuss, 02.05.2002, 08:59
    • Re: Alan Greenspan geht hier mit Scheinproblemen um - Diogenes, 02.05.2002, 09:13
      • Re: Aber irgendwo hat er doch genial agiert - Theo Stuss, 02.05.2002, 09:35
  • Re: Timing der Notenbanken - JLL, 02.05.2002, 11:17