Killing the Gold Standard

September 20, 1187. It’s daytime outside the walls of Jerusalem. Saladin, the Sultan of Egypt, ponders his next attack. His troops encircle and lay siege to the city. They vastly outnumber the Crusader knights inside, and Saladin is on the cusp of a victory he never dreamed possi ...  Show more

On the 25th anniversary of 9/11, we're bringing you Blindspot: The Road to 9/11 – a collaboration between the History Channel and WNYC Studios. This was adapted from the complete nine-part series, which you can find by searching for Blindspot: The Road to 9/11 wherever you get yo ...  Show more

In the second episode in our series on bad ideas David talks to the political economist Helen Thompson about the gold standard, which was meant to anchor the world economy until it all fell apart a hundred years ago. Why does gold so often appear like a stable basis for money in ...  Show more

In 1971, Nixon took the dollar off the gold standard and ushered in the age of currency. Now, every currency in the world is pegged to the dollar—and the dollar is pegged to nothing. In today’s episode, we discuss The secret to surviving the next few years is keeping your wealth ...  Show more

Melvyn Bragg and guests discuss the system that flourished from 1870 when gold became dominant and more widely available, following gold rushes in California and Australia. Banknotes could be exchanged for gold at central banks, the coins in circulation could be gold (as with the ...  Show more

Melvyn Bragg and guests discuss the system that flourished from 1870 when gold became dominant and more widely available, following gold rushes in California and Australia. Banknotes could be exchanged for gold at central banks, the coins in circulation could be gold (as with the ...  Show more