Perth readers may want to come tomorrow night as David Evans discusses the role of gold in western history.
Gold – Past, Present and Future?
Classic Nights — History of Western Civilisation An Adult Education initiative from St Augustine’s
Explores the history of gold as a medium of exchange, and its role in curbing financial shenanigans down the ages. The origins of banking, the global financial crisis, and the next decade — the world has more debt than ever before, the situation is not sustainable, and major changes of some sort are afoot. It’s a chance to discuss ideas that have shaped human history.
Current financial markers are a long way from the norm:
To reduce the current bubble, central banks are trying to generate moderate but controlled inflation. The winners will be the borrowers (who don’t get wiped out with the volatility), the losers will be everyone else, especially the savers.
Event details below.