~ Monetary Policy Lecture Series ~
In Money: How the Destruction of the Dollar Threatens the Global Economy, Steve Forbes and Elizabeth Ames explain how the lack of any anchor for the U.S. dollar after President Nixon closed the gold window in August 1971 has increased uncertainty and put us on a pure discretionary government fiat money system. The authors argue that the 2008 financial crisis would not have occurred under a true gold standard, nor would government have become the bloated Leviathan it now is. They advocate returning to the hallmark of a liberal economic order – namely, a stable-valued dollar convertible into gold. Stable money, Forbes and Ames argue, is the only way to a true recovery and a stable and prosperous economy. Among other policy questions, Money addresses what we can do now to reestablish the strength of the dollar and other currencies.
Join us as Steve Forbes addresses these critical and important policy issues.
More About the Speakers
Chairman and Editor-in-Chief, Forbes Media
Norbert J. Michel, Ph.D.
Research Fellow in Financial Regulations