Information requested: US finance capital? which fraction of the bourge

Could you elucidate the German critique of the gold standard and
internatinal financial practices (and Keynes similar position if you know
it)?  The proponents of the gold standard are still with us today and ready
to jump in with their "solution" any time there is a financial or economic
crisis.  Greenspan was a "gold bug" and may still be partial to the gold
standard. 

The distinction should be between speculative, non-productive financial
capital and financial capital that is invested in productive activities
(industrial capital). The distinction is difficult to operationalize as it
is a conceptual difference, much like a "Bubble" economy, which can only be
determined after the fact. Nevertheless, today, with the new financial
"products" it is easier than before to do some operationalizing.  All
derivative investments are forms of speculative finance capital that have
no productive dimension at all.  Generally, all investments that aim at
making more money from money without having to produce anything is finance
capital. ALso included are "rentiers," people who invest in bonds.  Bond
traders and currency traders are also examples of non-productive,
speculative finance capital.

BTW, there is a distinction between finance capital and financial capital,
with one term used in a radical economic analysis and the other used more
generally. I'm afraid I can't give more enlightenment on that.    

Finance capital wants to be able to go wherever it can increase itself.
There is a difference between the banking industry (which might favor some
kind of protection for itself) and the uses of finance capital made by
banks.  Banks want to lend money wherever they can get high rates of
return, and therefore would want to break down any kind of protections that
prevent or regulate foreign investments or capital flows.  

In additon to bank capital, hedge funds, and large investment companies,
including probably insurance companies, but certainly Wall Street firms and
investment funds would be some of the financial institutions playing with
money-capital.

Roz