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International Economy

The International Monetary System in the 21st Century: ould Gold Make a Comeback?

Monday, 06 September 2010 08:05

International Economy

Lecture delivered at St. Vincent College, Letrobe, Pennsylvania, March 12, 1997. ut of respect for Philip M. McKenna, the founder and president of the Gold Standard League, I am going to emphasize gold in the title of my lecture. What will be the character of the international monetary system in the next century and how will gold intersect with it?

International Monetary Systems

Monday, 06 September 2010 08:05

International Economy


During the 20th century(mainly) several monetary systems replaced one another, and main cause for change was the weaknesses or shortcomings of before systems, or the changing of period itself, which was demanding new approach to international monetary system.