Over the weekend of November 6-7, 2010, World Bank president, Robert
Zoellick , proposed in a column written for the Financial Times that the
global economy once more be linked to gold as an anchor to help
maintain currency stability and reduce inflationary expectations in
A few days earlier, on November 1, Financial Times columnist, Martin
Wolf, had written a piece precisely asking, "Could the World Go Back to a
the Gold Standard?" Wolf pointed out, "It is not hard to understand the
attractions of a gold standard. Money is a social convention. The
advantage of a link to gold (or some other commodity) is that the value
of money would apparently be free from manipulation by the government.
The aim, then, would be to 'de-politicize' money."