Posts Tagged ‘balance of payments’

  • Gold Bars from NY Fed

    The Money Supply: Gold Matters

    Apr 20, 13 • 143 Views • Demand, Supply, and Markets, Economic Debates, Economic History, International Trade and Finance, Money and Monetary PolicyNo Comments

    In its basement, the NY Fed has a vault. A very safe place for countries or central banks or international organizations to store their gold, a shared home also makes it easy for countries to transfer bars from their pile to someone else’s when they