Gold standard or political discipline?

Posted by Melt van Schoor on 2010-11-15

President of the World Bank, Robert Zoellick, caused a stir last week by hinting at a need to return to the gold standard. Prof Stan du Plessis and Andreas Freytag point out that a gold standard is not necesserily an appropriate solution to current problems in this article on Vox.

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BER Weekly

26 Apr 2024
The most anticipated data release of the week was yesterday's US GDP print, which created more turmoil than usual by not meeting expectations. Growth was much weaker than expected in Q1, while price pressure remained red hot. Meanwhile, the local data calendar was quiet, with a slight acceleration in factory gate inflation and a welcome uptick in the...

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BER Weekly

26 Apr 2024
The most anticipated data release of the week was yesterday's US GDP print, which created more turmoil than usual by not meeting expectations. Growth was much weaker than expected in Q1, while price pressure remained red hot. Meanwhile, the local data calendar was quiet, with a slight acceleration in factory gate inflation and a welcome uptick in the...

Read the full issue