J. N. Tlaga

Articles by J. N. Tlaga

July 2003 Consumer Price Index reads 18.39 in terms of 1.00 in July 1914, the last month when Gold Standard reigned supreme. When we multiply Gold Standard mint price of gold, $20.67 per fine troy ounce, by Consumer Price Index of 18.39,...
“Changing the Fed's monetary tactics may help, but the System needs basic reform. We should end its money-creating powers, make it a bureau of the Treasury, and freeze the quantity of high-powered money.” Do you know who authored this...
During his press conference on 4 February 1965, President Charles de Gaulle openly challenged US dollar's "exorbitant privilege" under Bretton Woods order:
In his occasional paper THE RETURN TO GOLD 1925, Cambridge University scholar, Donald E. Moggridge, tells us that it was Sir Isaac Newton, who, back in 1717, set the price of gold at 77 shillings 10 and 1/2 pence per standard ounce (22-...
Thank you for a mystery for me, but... No, thank you. It does not "rank high with any of the great thrillers solved by Sherlock Holmes", and... it is fiction. But this is not to say that James Turk's thesis "that the US Treasury and...
Never in history was gold manipulated down as extensively as it was under Bretton Woods agreements. Signed on July 22, 1944, they actually created the International Monetary Fund and the World Bank, whose meeting in Prague this year was...
Gold is still being mined and refined at the rate of almost 2,600 tonnes per year.