By S Gurumurthy
Published: 14th November 2015 03:29 AM
Gold: Indian Women Teach Modern Economists
Last Updated: 14th November 2015 03:38 AM
Modern economics had consistently dismissed gold as archaic and saw in waste paper more economic value than in gold. Over the last 50 years, it looked as if they had subdued the powerful gold through Dollars, stocks and other modern financial assets. But, to their shock, gold now seems to be bouncing back to relevance with the rise of phoney financial assets in the global economy. The yellow metal seems to possess some mystic hidden power. To know its mysterious value calls for a brief look at its economic history.