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Robert Blumen

Works Published inMises Daily ArticleThe Free Market

Robert Blumen, a software engineer with a background in financial applications. Blumen, who lives in San Francisco, has a physics degree from Stanford University and writes frequently for mises.org, LewRockwell.com, and other sites. He has spoken at economic and finance conferences on Austrian economics, and he is the editor of the podcast Software Engineering Radio.

All Works

Is Gold Money?

Free MarketsMoney and BanksGold Standard

01/27/2021Mises Media
A store of value is not necessarily a medium of exchange, and in our current fiat money system, gold is not money. But it has most of the desirable properties of money, and there is much to learn form the process of how it became money in the past.
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Is Gold Money?

Free MarketsMoney and BanksGold Standard

01/22/2021Mises Daily Articles
A store of value is not necessarily a medium of exchange, and in our current fiat money system, gold is not money. But it has most of the desirable properties of money, and there is much to learn form the process of how it became money in the past.
Read More

Yes, QE Creates Wealth Effects

The FedFinancial MarketsMonetary Policy

07/31/2020Mises Media
According to Keynesians, wealth effects result from money creation, and they have a beneficial impact. The Keynesians are right that wealth effects exist. But they're wrong about who benefits.
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MMT's Very Odd Definition of "Savings"

Monetary PolicyInterventionismOther Schools of Thought

Blog07/30/2020

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

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Yes, QE Creates Wealth Effects

The FedFinancial MarketsMonetary Policy

Blog07/24/2020

According to Keynesians, wealth effects result from money creation, and they have a beneficial impact. The Keynesians are right that wealth effects exist. But they're wrong about who benefits.

Read More
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