Tuesday, October 16, 2012

A History of Exchange Rates Regime.
How did the Classic Gold Standard evolves to the current system.

Below is a large picture file with graphics and explanation of the history of the Exchange Rate regime.
A nice read on how we evolved from the classic gold standard to our current regime.

Yes, I've left the picture file in its orginal size, its pretty huge, but the size makes it easier to read.
Just right click to open in a new windows/tab if you are bothered by the alignment with the side column. =D

Honestly, I think economics and currencies is a very interesting study. With the large size of the global economy and the complexities of global trade, I doubt we would ever return to the gold standard, but I am keeping some investment-grade gold to counter inflation. (Thanks to QE3, Uncle Sam)


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