Finally, it has been argued that the United States should abolish the requirement of a 25 per cent reserve of gold against Federal ... and international reserve holdings entirely, in favor of a system of floating exchange rates; restoration of a predominantly gold standard system, ... 157-203 in Milton Friedman, Essays in Positive Economics (Chicago: University of Chicago Press, 1953) , and Egon Sohmen, anbsp;...
Title | : | World Monetary Reform, Plans and Issues |
Author | : | Herbert G. Grubel |
Publisher | : | Stanford University Press - 1963 |
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