25 Oct 2009

Professor Antal Fekete

From Sunday Morning, 9:45 am on 25 October 2009

The Gold Standard is a currency system based around the premise that a paper-note's value is exchangeable for an agreed and predetermined volume of gold. Countries have universally retired this system replacing it with the 'fiat system' of legal tender. Professor Antal Fekete is a world renowned monetary expert and mathematician who believes it's time to bring back the gold as the standard.