Video: All Gold Everything – Consumption, Gold Standard and More

China has supplanted India as the number-one consumer of the world’s gold, according to new numbers from the World Gold Council, even as the global supply of gold fell last year. Erin Ade reports.

Then, Erin sits down with George Selgin of the University of Georgia and the Cato Institute to discuss whether the inflexibility of the gold standard contributed to debt-deflation in the 1930′s.

The famous Bretton Woods conference still has a huge impact on our global financial system, and has become shorthand for international monetary cooperation. Dr. Benn Steil, Director of International Economics at the Council on Foreign Relations, does some myth-busting on the meeting.

Comedian and author Lee Camp makes his debut on the “Big Deal” to talk about Chevron’s customer relations department, and whether free pizza could ever be a bad thing.

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