Saturday, September 6, 2008

Planet Gold - What this blog is about

What if this was our planet. Imagine that if the Bretton Woods treaty signed in Bretton Woods, NH in 1944 was based on Gold and not the US dollar.Imagine if Fractional Banking was not allowed.Imagine if banks were only allowed to lend the money that depositors had put into CD accounts or money market at a given rate for a given time...
We will discuss all those what if here.
What such a planet would look like - economically speaking - and what it means.
Hope to see you regularly...

No comments: