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International Monetary System in the 21 st  Century: Could Gold make a come back? ,[object Object],Institute of Management Sciences, Bahauddin Zakariya University, Multan, Pakistan.
 
History: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],History (Cont…)
Gold vs Silver
History (Cont…) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Great Depression
 
In thousands
 
Idle Factory
 
Bread line
Employment Line
Reasons for Great Depression: Keynesian Explanation ,[object Object],[object Object]
Monetarist Explanation ,[object Object]
International Explanation ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Bretton Woods System U.S. dollar Gold Pegged at $35/oz. German mark British pound French franc Par Value Par Value Par Value
[object Object],[object Object],[object Object],[object Object],[object Object]
Theory of Superpower Influence ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
World official gold holding  (June 2008) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Story Of Gold… Mehreen Altaf MB-08-106
Gold…The People's Money ,[object Object],[object Object],[object Object],[object Object]
THE PROBLEM WITH GOVERNMENTS AND POLITICIANS     ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
[object Object]
[object Object],[object Object],[object Object]
Gold…Hedge against paper money inflation.  ,[object Object],[object Object],[object Object],[object Object],[object Object]
How and Why Dollar  get That Much  Importance
$
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Supply of Domestic Currency backing the Anchor Currency ,[object Object],[object Object]
The system collapses – once the fiat money becomes worthless – when the government is unable or unwilling to support its value through taxation. Until then, the government creditors are able to accumulate extreme amounts of wealth.  Put another way, "by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens
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Problem in International Monetary System ,[object Object],[object Object]
[object Object],[object Object]
[object Object],[object Object]
[object Object],[object Object]
[object Object],[object Object]
 
A Decline in Dollar… ,[object Object],[object Object]
THE ARGUMENT FOR GOLD TODAY   ,[object Object],[object Object]
Hubert's peak  ,[object Object],[object Object]
 
 
 
[object Object],[object Object]
DOLLAR FUTURE
Reasons ,[object Object],[object Object],[object Object],[object Object]
shows the magnitude of the deterioration of the dollar in the United States by projecting it 10 years into the future under the assumptions that the current account deficit does not   improve (or worsen)
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Point to Ponder… ,[object Object]
Ends ,[object Object]
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Questions  &  Answers

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Could Gold Make A Come Back

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  • 15.
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  • 19. Bretton Woods System U.S. dollar Gold Pegged at $35/oz. German mark British pound French franc Par Value Par Value Par Value
  • 20.
  • 21.
  • 22.
  • 23. The Story Of Gold… Mehreen Altaf MB-08-106
  • 24.
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  • 26.
  • 27.
  • 28.
  • 29.
  • 30. How and Why Dollar get That Much Importance
  • 31. $
  • 32.
  • 33.
  • 34. The system collapses – once the fiat money becomes worthless – when the government is unable or unwilling to support its value through taxation. Until then, the government creditors are able to accumulate extreme amounts of wealth.  Put another way, "by a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens
  • 35.
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  • 37.
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  • 41.  
  • 42.
  • 43.
  • 44.
  • 45.  
  • 46.  
  • 47.  
  • 48.
  • 50.
  • 51. shows the magnitude of the deterioration of the dollar in the United States by projecting it 10 years into the future under the assumptions that the current account deficit does not improve (or worsen)
  • 52.
  • 53.  
  • 54.
  • 55.  
  • 56.
  • 57.
  • 58.
  • 59. Questions & Answers