Metals are fairly difficult to print
Two weeks ago marked the 60th anniversary of a prescient essay (pdf) promoting gold as redeemable
Two weeks ago marked the 60th anniversary of a prescient essay (pdf) promoting gold as redeemable
Chris Anderson, a well-known business guru in the world of online commerce, imagines a world in which all internet services are free.
Instead of decrying the penny, economists should recognize its potential to combat government inflation and advocate a return to an even harder currency. Coins may be expensive for the government to make, but this ensures that our money retains some value, regardless of what the government does. Do we really want free money?
No subject is so much discussed today — or so little understood — as inflation.
Larry Elliott in the Guardian writes th
We define a bubble as the outcome of activities that have emerged on the back of loose monetary policy of the central bank.
Taking into account not just rapid domestic expansion, but also the sharp fall in the greenback, broad, dollar-denominated money supply went up on
Professor Bernanke is giving his testimony to Congress. Blah...Blah...Blah.