What does this mean?
Highlights
Quality
I am not sure i agree with the policy conclusions of the author.
Most people will do foolish and harmful things that debase quality (much as they did with gold coins) to achieve popularity.
However, most of the book a fascinating look at our fascination with the magic metal.
Packaging/appearance
Was threatened with a shortage of gold needed for industrial goods.
Competitiveness
Recently, i have noticed a decline in the value of the dollar in the market and great increase of gold.
8) i learned about the rise and fall of the price of gold in the 1980'si liked this book and think that it has a lot to offer, ... Read More
Bernstein all but closes the door on gold pronouncing that its time in the monetary system come and gone and its uses as a hedg... Read More
Overview
- How are reviewers describing this item?
gold, standard, great, economic and good. - Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
- Our engine has determined that the review content quality is high and informative.
- Our engine has discovered that over 90% high quality reviews are present.
- This product had a total of 70 reviews as of our last analysis date on Mar 9 2022.
Helpful InsightsBETA
Posted by a reviewer on Amazon
Bernsteins editor or about whether i can really believe all the facts in the book
Posted by a reviewer on Amazon
For example on page 364 he mentions william duisberg ecb president when i believe the correct name is wim duisenberg
Posted by a reviewer on Amazon
Of course anybody can make mistakes
Posted by a reviewer on Amazon
Thats why i wonder if the editor really read through the book carefully
Posted by a reviewer on Amazon
The only real justification for holding gold is to be insured against a catastrophic event hitting the global financial system
Posted by a reviewer on Amazon
Bernstein the author i would read him the riot act
Posted by a reviewer on Amazon
The book starts with the history of gold as jewelry as a sign of wealth and power and as a form of money going as far back as the egyptians and lydians and then advancing to the romans the middle ages the french and english of the 17th to 20th centuries and finally to gold in america
Posted by a reviewer on Amazon
The book provides a lot of examples that show that the gold standard is not a panacea and that even with the gold standard economies do falter forcing governments to abandon it
Review Count History
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