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Gold: The Once and Future Money
by Nathan Lewis
from Wiley
Customer Reviews:
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Avg. Customer Rating: 4.5 / 5.0 
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absolute must read 
This book is absolutely unbelievable vuluable and probably worth paying 1000$ for it (or should I say, 1 oz of gold!).
Not only does it explain in details what the gold standard is, and how it has worked in the past, but it also gives a very good overview of the various currency systems used in the past, the various fallacies about currencies, gold, politics, economics schools, etc.
It also reviews the history of our society through a different angle/lens. I feel like I understand the history now,... more info
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Conceptually good, but too detailed for my liking 
The book starts and finishes strong--the first 100 pages or so and the last 50. But the middle gets very bogged down in intricate economic history with lots of minutiae. The author begins in the mercantile ages, perhaps the 1600s or thereabouts, and continues to the early 2000s. I was disappointed that the last few years were pretty much not covered, as that is what I'm most interested in. Discussion is not limited to the USA and covers the entire world. I think every economic event, significant or not, was... more info
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Insightful but Left with Unanswered Questions 
Good Insights But Unconvincing
Fiat money serves three purposes: legal tender, token for exchange and store of value. The author seems to propose a money system pegged to gold and believes that it will serve to stabilize the value of the paper money as the value of gold is relative stable in the long run. The author argues that, under the new gold based money standard, the value of paper money can be maintained through adjusting the money supply, possibly by the central bank. The author also believes... more info
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I'm all about gold - too many details in this book however
I'm simply an average joe looking to preserve wealth from the coming inflation in the US dollar. This book did indeed help me understand central banking and how a gold standard can work. However, it contained way too many details with dates and years of various historical events.
What I really wanted, was a book that could help me conceptually understand the commodity of gold in an easy to read format. All in all I appreciated the book and am glad I read it. Perhaps I would have enjoyed this more had I... more info
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