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View Full Version : Abandoning Gold Helped Dollar Gain Preeminence (Part 2) - Bloomberg



NewsWhore
03-26-2012, 07:10 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFi0oZL8fWUs9A7pSV1iSCe3qdfTQ&url=http://www.bloomberg.com/news/2012-03-26/abandoning-gold-helped-dollar-gain-preeminence-part-2-.html)


Abandoning Gold Helped Dollar Gain Preeminence (Part 2) (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFi0oZL8fWUs9A7pSV1iSCe3qdfTQ&url=http://www.bloomberg.com/news/2012-03-26/abandoning-gold-helped-dollar-gain-preeminence-part-2-.html)
Bloomberg
The birth of the US was paid for by both a debauched paper currency and large debts that it soon defaulted on. When Alexander Hamilton became Treasury secretary in 1789, his job was not just restoring the country's credit by restructuring the debt and ...

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