“Fool’s Gold” Standards
What is ultimately desired is a return to a market-chosen money — gold or silver money, not a gold- or silver-"backed" money.
What is ultimately desired is a return to a market-chosen money — gold or silver money, not a gold- or silver-"backed" money.
Presented at the Mises Circle in Manhattan, hosted by the Ludwig von Mises Institute and sponsored by the Story Garschina Charitable Fund, and Anon
Germany could prove to the world that a gold-backed money is not only possible but desirable.
Duncan Weldon of the London <em>Guardian</em> provides a highly useful summary of the Keynesian case — a fine mixture of familiar old canards and creative new errors.
Austrians wish to extend their laissez-faire views to the creation and sale of a specific commodity: money.
The euro has ended monetary nationalism and is acting, even if only timidly, as a "proxy" for the gold standard.
The gold standard prevents the authorities from engaging in reckless money pumping.
To ascertain what inflation is all about, we have to establish its definition.
Any attempt at restoring monetary freedom must be part of a comprehensive plan to roll back government.
In many countries the emergence of the gold standard was effected by the operation of Gresham's law.