Monday, 16 October 2017

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“Should Governments buy gold?” Even New York Times creates discussion blog

Posted by
August 10, 2011
in Blog

When I was studying under Hans Sennholz, a student of Von Mises, our text book for monetary economics was Mises The Theory of Money and Credit.  It was 1978-1979, and the price of gold was also going through the roof (in real terms higher than today’s price).   The negative results of continued politicization of money and banking is giving me a chance to read again all the classics and for Atlas to make an effort to rescue the monetary order.   Interesting to see the New York Times adding this discussion to their website http://www.nytimes.com/roomfordebate/2011/08/02/should-central-banks-buy-gold

Alex