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The non interest earning gold
This is a very crude way to discuss. If you'd read Rothbard you will see he never talks about some fiat-currency but gold ounces and that even those earn their interest. That it's not so with current gold is simply because gold is calculated in whatever fiat-money you can think of. And you do...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on Thu, Sep 8 2011
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