The Road Ahead
Deflate the dollars, or redefine the dollar’s weight—or some blend of the two.
Deflate the dollars, or redefine the dollar’s weight—or some blend of the two.
Not a novelty but an inheritance: Jeffersonian, Jacksonian, and hard-money.
An opponent of gold describes the 100 percent standard better than its friends do.
The supply of money, Rothbard answers, essentially does not matter.
Issuing receipts for gold that does not exist is not banking. It is fraud.
The natural tendency of the state is inflation.
The first intervention was not inflation. It was the seizure of the mint.
If dollars are things in themselves, why may not everyone manufacture them?
To argue for a full gold standard is to risk being classed with the dodo bird.
Bretton Woods was a dollar standard wearing the prestige of gold.