With a historical lens, this book explores humanity's relationship with gold-based money and the evolution of various currency systems from prehistory to modern times. It covers significant periods such as the Ancient World, Medieval Era, and Bretton Woods, analyzing the impact of debased and floating currencies. The author addresses various counterclaims succinctly, aiming to clarify complex issues surrounding money. This work serves as a comprehensive resource for understanding the significance of gold in monetary history and its implications today.
The Timeless Secret To Economic Health and Prosperity
274 pages
10 hours of reading
The book explores the critical role of the "magic formula"—Low Taxes, Stable Money—in determining a nation's economic success. It contrasts the fortunes of countries that adhere to this formula with those that, despite having numerous advantages, face decline when they stray from it. Through this lens, it delves into the fundamental principles that drive prosperity and the consequences of neglecting them.
In his recent publication Hearing Loss and Life, you will find the following*Hearing Loss with Allergies*Hearing loss with a sinus infection*Hearing loss with temporomandibular joint (TMJ)*Hearing loss in Dogs*Hearing loss in Babies*Hearing loss and exhaustion*Relationship between Hearing loss a disability*Causes of infant and toddler hearing loss*Speech and hearing developmental stages in toddlers*Discovering otitis media in toddlers*Treatment of hearing loss in children*Vertigo and hearing loss*Dementia and hearing loss*Hearing loss and diabetes*How hearing loss affects communication (the five keys to communication success*Hearing loss due to a tooth infection
Praise for GOLD highlights the critical role of gold in understanding international monetary economics, emphasizing that many economists overlook essential connections. Nathan Lewis provides a clear historical context that prepares readers for future uncertainties. Gold is portrayed as the ultimate safeguard against crises and inflation, with hard assets being the only reliable insurance during economic turmoil. This book serves as a practical guide to comprehending the true nature of money and offers actionable advice for wealth protection.
Lewis argues that a legitimate monetary system must involve tangible assets like gold or silver, pointing out a significant gap in contemporary financial systems. He underscores the alarming reality that society operates without a true means of payment, a fact that many remain oblivious to. The narrative traverses historical economic cycles, revealing the impacts of inflation, deflation, and government-imposed taxes across various nations. It critiques the misguided belief that economies can be easily manipulated, likening them to machines that can be fine-tuned. Overall, the book is a compelling exploration of money's evolution and the lessons learned from past economic missteps.
