Gold Silver Reports — The gold standard is one of the oldest ideas about money, but the hardest of hard-money hawks sense an opening to breathe new life into it. Decades ago, the amount of cash circulating in a country was often limited by the stash of bullion held in its coffers.
Especially since 2008, developed-world policy has headed in the exact opposite direction, expanding the powers of central banks to stoke growth. Helicopter drops of money, potentially the next new thing, would be a giant leap further.
Gold Silver Reports ~ Did anyone expect Indians will shun their greed for Gold for the benefit of the country when Prime Minister Narendra Modi launched the India’s Gold Monetisation Scheme (GMS).
Gold Silver Reports ~ In a city where motorists routinely run red lights and drive on the wrong side of the road, many doubted the feasibility of Delhi leader Arvind Kejriwal’s plan to roughly halve the number of cars in India’s capital in a bid to reduce air pollution.