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depourcq
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What is "Stable Value"? - Nathan Lewis - New World Economics

Gold works because gold is the least consumable commoditie, it can not be manufactured. The supply of gold is constant . The supply only increases by three percent per year and the industrial usages is limited. It is the only physical constant that we have that cann't by manipulated by central banks however there is vast paper market that is not backed by the physical gold, this will not last.
Gold works because gold is real money. Donn't mess with what works .

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Début de l'article : (This item originally appeared in Forbes.com on January 19, 2012.) http://www.forbes.com/sites/nathanlewis/2012/01/19/what-is-stable-value-in-currency-terms/ The reason that we use gold, in a gold standard system, instead of, say, orange juice, is because we are trying to accomplish a goal, and gold is the best way to do so... Lire la suite

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