United States Official Operations in the Foreign Exchange and Gold Markets
Title | United States Official Operations in the Foreign Exchange and Gold Markets PDF eBook |
Author | Merlyn Nelson Trued |
Publisher | |
Pages | 64 |
Release | 1966 |
Genre | Foreign exchange |
ISBN |
United States Official Operations in the Foreign Exchange and Gold Markets
Title | United States Official Operations in the Foreign Exchange and Gold Markets PDF eBook |
Author | Merlyn Nelson Trued |
Publisher | |
Pages | 48 |
Release | 1965 |
Genre | Foreign exchange |
ISBN |
Strained Relations
Title | Strained Relations PDF eBook |
Author | Michael D. Bordo |
Publisher | University of Chicago Press |
Pages | 453 |
Release | 2015-03-02 |
Genre | Business & Economics |
ISBN | 022605151X |
During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances—most notably the abandonment of the international gold standard—and how political and bureaucratic factors affected this aspect of public policy.
Trading in Foreign Exchange Markets
Title | Trading in Foreign Exchange Markets PDF eBook |
Author | United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs |
Publisher | |
Pages | 180 |
Release | 1979 |
Genre | |
ISBN |
Conduct of National Security Policy
Title | Conduct of National Security Policy PDF eBook |
Author | United States. Congress. Senate. Committee on Government Operations |
Publisher | |
Pages | 40 |
Release | 1965 |
Genre | Federal Reserve banks |
ISBN |
The Structure and Operation of the World Gold Market
Title | The Structure and Operation of the World Gold Market PDF eBook |
Author | Gary O'Callaghan |
Publisher | |
Pages | 39 |
Release | 1993 |
Genre | Business & Economics |
ISBN | 9781557752819 |
Dated September 1993
Brief History of the Gold Standard (GS) in the United States
Title | Brief History of the Gold Standard (GS) in the United States PDF eBook |
Author | Craig K. Elwell |
Publisher | DIANE Publishing |
Pages | 18 |
Release | 2011-10 |
Genre | Business & Economics |
ISBN | 143798889X |
The U.S. monetary system is based on paper money backed by the full faith and credit of the fed. gov't. The currency is neither valued in, backed by, nor officially convertible into gold or silver. Through much of its history, however, the U.S. was on a metallic standard of one sort or another. On occasion, there are calls to return to such a system. Such calls are usually accompanied by claims that gold or silver backing has provided considerable economic benefits in the past. This report reviews the history of the GS in the U.S. It clarifies the dates during which the GS was used, the type of GS in operation at the various times, and the statutory changes used to alter the GS and eventually end it. It is not a discussion of the merits of the GS. A print on demand oub.