Word: standardism
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...officials like Fontaine hope that zinc becomes so standard that it will be "like having Band-Aids at home." A second medical breakthrough should also help. At least one-third of all diarrhea deaths among young children are caused by the rotavirus, which infects the cells lining the small intestine and causes gastroenteritis. In June the WHO approved the first rotavirus vaccine for global use. The vaccine, which in trials in Latin America, Europe and the U.S. cut rotavirus infections 85%, could someday be part of routine vaccination programs for children, along with those for polio, measles and other diseases...
...checked) is setting a new record every few days. Cash4Gold and its competitors have been flooding the airwaves with ads exhorting you to fork over your gold jewelry for dollars. And for the first time since 1971, when U.S. President Richard Nixon unilaterally yanked the world off the gold standard, gold is also attracting interest from a crowd that usually doesn't pay it much heed: the world's central bankers...
...engaged in the historical experiment of a monetary system based on a single currency (the U.S. dollar) that has no link to gold. This arrangement was shaky in its early days, in the 1970s, but seemed to work passably well for the next two decades. Lately, though, the dollar standard has been blamed for everything from China's huge buildup of dollars to the financial crisis of 2007 and '08 and a future of rampant inflation that hasn't materialized yet but that many doomsayers are convinced is on the way. And while there's been talk of the dollar...
...DundeeWealth. Gold's big attraction as a pillar of the global monetary system is that it isn't beholden to national politics. The downside is that its supply increases fitfully, with no regard for the state of the world economy. That's why John Maynard Keynes called the gold standard a "barbarous relic," and why you won't find anyone outside the goldbug fringe calling for a full return to the gold standard now. But a partial return, in which central banks hold gold as a hedge against financial turmoil (the Reserve Bank of India just bought $6.7 billion...
...this man got were those drugs and one talk from a psychologist, it falls below the standard of practice,” he said...