The Grip of Gold (1907)

By Robert Halifax

Book Overview

The Grip of Gold is a book written by Robert Halifax in 1907. The book is a critical analysis of the gold standard and its impact on the economy. Halifax argues that the gold standard, which was adopted by many countries in the late 19th century, has caused economic instability and inequality. He explains how the gold standard has led to deflation, which has made it difficult for farmers and workers to make a living. Halifax also discusses the role of banks and the financial system in perpetuating the gold standard. He argues that the financial system is controlled by a small group of wealthy individuals who benefit from the gold standard at the expense of the rest of the population. The book is a call to action for policymakers and citizens to abandon the gold standard and adopt a more equitable monetary system. The Grip of Gold is a seminal work in the history of monetary policy and remains relevant today as debates about the role of gold in the economy continue.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

• Format: Paperback
• Language: English
• ISBN: 1164128949
• ISBN13: 9781164128946
• Release Date: September 2010
• Publisher: Kessinger Publishing
• Length: 322 Pages
• Weight: 0.95 lbs.
• Dimensions: 0.7" x 9.0" x 6.0"