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Natural economic order

First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...

Posted to Economics Questions by niphtrique on Fri, Oct 3 2008

From the mouth of a wolf in sheep's clothing

There's much to be said about the current financial crisis. At the heart of this, as every Austrian knows, is the fault the US government holds for creating the current situation through its central bank and its inflationary policy. This fundamental economic truth cannot be stated enough. Ignorance...

Posted to Apropos Austrian Aphorisms by thedo on Wed, Sep 24 2008
Filed under: ron paul, inflation, federal reserve, great depression, murray rothbard, financial crisis, central bank, henry paulson, america's great depression

Re: When can the fed print more money?

See Rothbard's What Has Government Done to Our Money . When a regular person buys a government bond, that person is spending money they had to have somehow received beforehand from someone else. That is, it must have been money that was already in circulation. When the Federal Reserve buys government...

Posted to Economics Questions by hjmaiere on Sun, Apr 13 2008

Blueprint for Financial Regulatory Reform

In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...

Posted to Economics Questions by Sailor on Sun, Mar 30 2008