Journal of Business & Financial Affairs

Department of Business and Economics, Spanish-American Institute, New York, USA

Publications

• Review Article   
  The Golden Path Forward for the US Dollar
  Author(s): Ivaylo Angelov*
  
  The US dollar has been the world's dominant reserve currency for decades, but its future is uncertain amid concerns about inflation, economic instability, and geopolitical tensions. One proposed solution to these challenges is to return to a gold-backed currency, which would provide a stable store of value and limit inflationary pressures. However, implementing a gold standard is not without challenges, including the need for significant gold reserves, limitations on monetary policy flexibility, and potential deflationary pressures. This paper explores the potential advantages and disadvantages of a gold-backed US dollar, as well as the practical considerations for implementing such a system. Alternative monetary systems, including fiat currencies, commodity-backed currencies, and crypto currency, are also examined. In addition, this paper analyzes the political feas.. Read More»
  DOI: 10.37421/2167-0234.2023.12.478

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