http://sustainabilityculture.com/archives/110 Helping organizations to solve todays challenges Tue, 20 Dec 2011 10:12:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://sustainabilityculture.com/archives/110/comment-page-1#comment-10326 Economic Policy, Gold Standard, Global Currency and Sustainability | SustainabilityCulture.com Fri, 08 Jul 2011 16:43:38 +0000 http://sustainabilityculture.com/?p=110#comment-10326 [...] What Mike Sheldock and others are advocating is a return to the Gold Standard. The problem with the Gold Standard is that it was still controlled by one country and the temptation to print money to pay debts was more than it could bear. Gold in fact, is nothing more than a mineral, no more meaningful than any other mineral except in the meaning that was ascribed to it by mere mortals. The solution, in my perspective is not the Gold Standard, but one that was proposed by Russia and China during the financial crisis of 2008 to move to a Global Currency, as I also suggested in an earlier article Global Economics, the G20 and a call from the past. [...] [...] What Mike Sheldock and others are advocating is a return to the Gold Standard. The problem with the Gold Standard is that it was still controlled by one country and the temptation to print money to pay debts was more than it could bear. Gold in fact, is nothing more than a mineral, no more meaningful than any other mineral except in the meaning that was ascribed to it by mere mortals. The solution, in my perspective is not the Gold Standard, but one that was proposed by Russia and China during the financial crisis of 2008 to move to a Global Currency, as I also suggested in an earlier article Global Economics, the G20 and a call from the past. [...]

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