Thursday, 22 June 2017

Monthly Archives February 2012

Get Out Your Hair Spray

Posted by Gonzalo Schwarz
February 15, 2012

It’s 1980 Again by Doug French   Floyd Norris writes for the New York Times that it’s 1980 all over again. Discussion of gold has gone from nonexistent a decade ago to the question of whether its price is in bubble territory, and now a policy question in the Republican primary. Ron Paul has been stumping for a return to […]

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Why Young Folks Would Love Sound Money

February 14, 2012

Never trust anyone over 30 (unless they pay with Sound Money) Without a gold and silver standard anchoring prices, Americans have felt their standard of living dwindle in the face of rising prices and staggering wages. While the shrinking middle class dominates the focus, young people have arguably suffered the most. If today’s youth were […]

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Why Do Youths Love Ron Paul’s Call for Gold?

Posted by Gonzalo Schwarz
February 14, 2012

“Excuse me, did you say ‘Yutes‘?” by Stephen Richer, Forbes Contributor Ron Paul’s Gold Movement: Do Young Voters Care?     The following post deviates a bit from the normal fare on this blog – it’s not on youth politics per se, but the gold/fiat debate might be increasingly important to understanding some young voters.  Explanation:  […]

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Monetary Equilibrium and Relative Prices

February 13, 2012

There’s long been debate on the role of an elastic money supply in achieving monetary equilibrium in a free market. Namely, should the money supply follow a 100-percent reserve requirement on banks or should banks be allowed to make use of fractional reserves. The debate offers two lines of reasoning. An ethical argument in favor […]

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Golden Paperweights, and Other Investments

Posted by Tyler Watts
February 10, 2012

Why gold isn’t money, steak isn’t food, and you’re not really reading this… File this one under “you’ve got to be pulling on my leg:” an unsigned editorial at Nasdaq.com makes the utterly risible claims that “gold has no value except as an investment” and “It is only the backing of governments that gives gold […]

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How Bernanke Is Using the Printing Press to Win Friends and Influence People

Posted by Gonzalo Schwarz
February 10, 2012

Here’s a hint: He is not using it to print pictures of live presidents. Presented by Robert P. Murphy at “The Inflationary Path to Despotism,” the Mises Circle in Phoenix, Arizona, 10 April 2010. Sponsored by James M. Rodney. Includes an introduction by Douglas E. French.   image: www.flickr.com/PrettyCoolShops

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