War Against Gold: Central Banks Fight for Japan

My most recent essay, War against Gold: Central Banks Fight for Japan, appears below. Parts of this essay were posted at www.lemetropolecafe.com (see Recommended Links) on July 11, 1999. For an interesting view on Japan and the yen not inconsistent with the views...

The Golden Sextant

A recent book entitled Good Money touts “SRI” — socially responsible investing — , or how to do good (socially) while doing well (financially).(1) But whatever the legal currency — dollars, marks, yen, francs or pounds – in which...