Economics Questions

Re: Question about returning to the Gold Standard

John James — Sat, 30 Apr 2011 14:52:20 GMT

Rothbard explains this in a practical, step-by-step plan...

The Case for a 100 Percent Gold Dollar, & The Case for a Genuine Gold Dollar by Murray Rothbard

(and you might go ahead with

Gold as Money: FAQ
What Has Government Done to Our Money?,
The Mystery of Banking by Murray Rothbard

just for good measure)

Actually, here's the full recommended reading list, in order.

Re: Question about returning to the Gold Standard

z1235 — Sat, 30 Apr 2011 12:13:47 GMT

Simple:

1. Repeal legal tender laws

2. Repeal capital gains taxes

Re: Question about returning to the Gold Standard

Nielsio — Sat, 30 Apr 2011 11:05:52 GMT

Joe Salerno attempts to answer this question, in the second half of this video I believe:

(Please visit the site to view this media)

Question about returning to the Gold Standard

MarcosPortillo — Sat, 30 Apr 2011 08:38:07 GMT

I'm all about returning to sound money instead of continuing this crazy juggling of creating fiat money. However, how exactly do we return to the gold standard (if it were an option)? What would happen to the money we have now? What could possibly happen to the economy as a whole or the marketplace? What would the process be?

I just can't really visualize the path back to sound money without some controlled chaos going on before we get there.