The gold standard. Today the term denotes something that is the highest level of quality in its category. Gold, with all its luster, has been sought after, fought over and prized for thousands of ...
The United States took the dollar, and the world, off the gold standard in 1971. For the last fifty some years, we have been on a fiat money standard. This era seems to be in the process of ending, as ...
August marks the 50th anniversary of Richard Nixon’s infamous decision to “close the gold window,” reneging on the U.S. government’s pledge to redeem dollars for gold. Although Nixon’s action spelled ...
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Isaac Newton's golden legacy – how the English polymath created the gold standard by accident
Isaac Newton, who must be one of the cleverest individuals ever to have lived, made groundbreaking contributions to physics, mathematics, mechanics, philosophy and astronomy. The laws of motion, the ...
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