Commodity Money in Colonial America
Gold and silver are international commodities, and, when not prohibited by government decree, foreign coins are perfectly capable of serving as sta
Gold and silver are international commodities, and, when not prohibited by government decree, foreign coins are perfectly capable of serving as sta
This world-renowned merchant seeks no fame for his business achievements.
One of the most important concepts in economic theory is the quantity of money. However, when going from theory to practical application, things get messy.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011. Includes a Question-and-Answer period.
The Mises Circle in Houston, Texas. Sponsored by Jeremy S. Davis. Recorded 22 January 2011.
The Federal Reserve Chairman, Bernanke, calls a fall in purchasing power of the dollar by over 95% stable. Interest rates have been pushed to zero. Continual inflation is deliberate and designed. Bernanke pretends he knows what he is doing.
Thanks to the doublespeak of monetary-policy experts, the launch of monetary policy leading to high inflation may not be discernible by the public at large.
While Sechrest's book will be an asset for further research, his untimely death has not only cost many of us a dear friend but will also deprive the continuing debate of his sound scholarship, open mind, and willingness to actively engage in the search for truth.