Jim Colgan
Former digital editor at The Takeaway, former producer at The Brian Lehrer Show.
The head of the World Bank is calling for a new version of the gold standard. But what would you pick instead of gold?
Robert Zoellick laid out a proposal for reform of world currencies that included considering "employing gold as an international reference point ... Although textbooks may view gold as the old money, markets are using gold as an alternative monetary asset today."
If gold is the old money, then what else could we peg our currencies to?
Former digital editor at The Takeaway, former producer at The Brian Lehrer Show.
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Comments [12]
Hugs and kisses
Knowledge.
Since we have been off of the gold standard, we have recklessly been on the credit standard and we have depreciated our money by better than .75 percent since 1973.
Nitrogen
How about rice?!
Coffee and cheesecake. Peace achieved over java!
Silver or platinum.
Water maybe we would then take better care of it
If the Republicans had their way, it would probably be Oil. Me, I would say plastic is the 1 universal item that nobody does without;except FAME seems 2b comin'
Marijuana. It's very difficult to grow well you know.
WATER!!
Cash crop...marijuana.
CHOCOLATE!
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