The Death Certificate Of The Paper Dollar: Where To Next?

``The world dollar standard's death certificate arrives in the mail this week. The Bank of England -- "the Old Lady of Threadneedle Street" -- one of the most staid, cautious, and dignified entities in the world of monetary policy -- signals that the fiduciary currency standard ushered in on August 15, 1971 is, empirically measured, far inferior [even] to the gold standard erected at Bretton Woods.''