The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...

The gold standard is a profile in power. So LBJ conspired to get rid of it. (Photo by UPI/Bettmann Archive/Getty Images) The gold standard did not prevent the hyperinflation of the 1970s, or the ...

The system should also consider employing gold as an international reference point of market expectations about inflation, deflation and future currency values. Although textbooks may view gold as the ...