Why Fed Bugs Really, Really Hate Gold
Fed bugs sound like real estate agents in reverse: there is never a good time to buy gold.
Fed bugs sound like real estate agents in reverse: there is never a good time to buy gold.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
It is often claimed that inflation reduces the true burden of debt. This is true for existing debt, but those who advocate it as a remedy for government indebtedness fail to understand that it also increases the cost of the government’s future debt.
The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.
Fed bugs sound like real estate agents in reverse: there is never a good time to buy gold.
The media wants Judy Shelton destroyed, because she once made some sensible comments about gold and fiat money.
Quinn’s American Bonds shows that the federal government’s credit policies were important factors behind the particular evolution of securitization and credit markets in the United States.
Presented at Mises University 2020.