Central Bank of Nigeria Library

The destiny of gold /

Einzig, Paul,

The destiny of gold / - London : New York : Macmillan : St. Martin's P. , c1972. - viii, 128 p.

Includes index

The book examines the monetary role of gold which makes it indispensable in the monetary system because of environmental considerations. It seek to analyse the attitude of those who want to deprive gold of its monetary role. It also examines the inadequacy of the proposed substitute for gold, especially that of Special Drawing Rights. It states the case for a higher gold price, without being too optimistic about the prospects of an early adoption of that solution.

0333142918


Gold.
Currency question.
Gold standard
International liquidity

HG289 / .E47

332.452 / EIN