Belke, Ansgar; Volz, Ulrich - In: Intereconomics : review of European economic policy 50 (2015) 5, pp. 294-300
of reforming this system, this article analyses the rationale for the unilateral introduction of gold-backed currencies … to gold? How could this be managed, and what would be the risks? We argue that such a system would not bring price … stability, as the country would not be able to control the international gold price, and that it would likely be exposed to …