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Hamilton Got It Right-why Can't We?

机译:汉密尔顿说得对-我们为什么不能?

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摘要

In his stirring inaugural address president barack Obama called for a new era of responsibility. One area in which that admonition is badly needed is the integrity of the dollar. From the days of Alexander Hamilton to the 1960s it was an article of faith that the dollar should be strong and stable; this could be reliably achieved only by anchoring it to gold. Weak, volatile and eventually worthless money has been the bane of countries throughout history. Hamilton and his successors recognized that a firm dollar was an essential foundation for a lawful society and for economic progress. True, Franklin Roosevelt in 1933-34 played with the greenback as if it were a delightful toy. But that short-lived experiment didn't work, and during World War Ⅱ the dollar's tie to gold was reaffirmed by the Bretton Woods international monetary system.
机译:总统巴拉克·奥巴马(Barack Obama)在就职演说中呼吁建立新的责任时代。迫切需要这一警告的一个领域是美元的完整性。从亚历山大·汉密尔顿(Alexander Hamilton)时代到1960年代,一直坚信美元应该坚挺而稳定。只有将其固定在黄金上,才能可靠地实现这一目标。在整个历史上,虚弱,不稳定且最终毫无价值的钱一直是各国的祸根。汉密尔顿及其继任者认识到,坚挺的美元是合法社会和经济发展的重要基础。没错,在1933-34年间,富兰克林·罗斯福(Franklin Roosevelt)玩着美元,好像它是一个令人愉悦的玩具。但是那个短暂的实验没有用,在第二次世界大战期间,布雷顿森林体系的国际货币体系再次确认了美元与黄金的联系。

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  • 来源
    《Forbes》 |2009年第3期|15-16|共2页
  • 作者

    Steve Forbes;

  • 作者单位
  • 收录信息 美国《科学引文索引》(SCI);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

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