the topic is Should we return to the Gold Standard?please answer all those questions below, thanks!
when studied the gold standard:
As part of economic history
As part of prospective economic policy
We need to ask:
Was the gold standard good for the global economy?
Is the gold standard a or the solution to the problems of the global economy today?
– key themes: Gold standard as a basis for fixed exchange rates
The gold standard as a constraint on inflation
The gold standard as a constraint on government debt!
But:
The gold standard as a constraint on growth
Gold standard = fixed exchange rates = no gradual adjustment!
Please write an essay with an introduction that include a thesis, and body paragraphs that answer all the questions, and a conclusion at the end, thanks!
