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Should the U.S. return to a monetary policy based on the Gold standard?

Title: Should the U.S. return to a monetary policy based on the Gold standard?
Category: /Social Sciences/Economics
Details: Words: 1449 | Pages: 5 (approximately 235 words/page)
Should the U.S. return to a monetary policy based on the Gold standard?
The gold standard today has nearly disappeared as a political issue. The world has abandoned the gold standard in favor of so-called "paper money," and only a diminishing group continues to call for its return. However, if mainstream economists have anything to say about it, there will never be a return to the gold standard. Even so, defenders of the gold standard include such former presidential candidates as Jack Kemp and Stephen Forbes. Furthermore, even …showed first 75 words of 1449 total…
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…showed last 75 words of 1449 total…money, which is already simple and enjoys a successful track record. References: Davies, Glyn. 1994. "Origins of Money" A history of money from ancient times to the present day. Gnazzo, Douglas V. 2005. "Can the U.S. Return to a Gold Standard?" Financial Sense. http://www.financialsense.com http://www.huppi.com/kangaroo Kemp, Jack. 2001. "Our Economy Needs a Golden Anchor" Wall Street Journal, pg A16. Touro University, 2006. "What is Money" M & B - Fall 2005.

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