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The Gold Standard: History, Theory, & Fallacy - Chris Silber, Economics Lecture
The Gold Standard: History, Theory, and Fallacy An Economics Lecture by Chris Silber The gold standard has plenty of advocates and even more critics. But what exactly is the gold standard? Is it a singular monetary system or have multiple versions of the gold standard operated in different countries at different times throughout history? What are the gold standard's virtues and what are the challenges and objections to returning to gold-based money? Chris Silber's second and last monetary economics lecture of 2018 integrates a brief history of the gold standard with the theoretical concepts that govern its operation including the market-driven monetary base, gold's role in monetary aggregates, Gresham's Law, and inflation/deflation. The talk will conclude with a list of fallacies and objections cited by enemies and even friends of gold against replacing today's dominant fiat monetary systems with a gold standard. Chris Silber is a frequent attendee of GGLR and Free Exchange meetings and has previously presented on monetary history, business cycles, and the Great Depression. ************** Our meetings are FREE and open to the public. Our monthly meetings are on the 4th Monday of the month. Meeting time has permanently changed to 7:30 pm, Doors open at 7:20 pm. OVERTIME Social: At about 9:40 - 10 pm a social gathering follows around the corner @: Overtime Sports Bar & Restaurant 4134 Geary Blvd. (between 6th & 5th Ave.) San Francisco, CA Please join us for the social gathering and discussion. May the Force of Freedom be with you . . . Always!

Richmond District Police Station - Community Room

461 6th Ave · San Francisco, CA

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We are the Golden Gate Liberty r3VOLution Meetup!

The mission of the Golden Gate Liberty rEVOLution is to be a gateway for individuals to promote and defend liberty and justice through education, political action, collaboration and voluntarism in the San Francisco Bay Area and beyond.

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