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My wife and I save on a regular basis. I personally love the idea of owning precious metals, and do purchase them often. We're throwing around the idea of keeping all or at least most of our cash above our emergency savings in precious metals. On one hand, I can see a huge safety net in converting...
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I understand the supply side pretty well, but it is the demand side I struggle with. If the supply of money increases, you will get a dollar worth less and thus higher prices, as well as all of the negative effects of inflation (the business cycle, etc). But why would a decrease in the demand for money...
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Or even to ordinally measure if demand for money is increasing or decreasing? Prices are effected both by the supply and demand of money. The supply of money can be measured. But how is one to gauge the demand of money? For if the demand for money rises as the supply of money rises, prices would not...
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I was messaged was in response to me asking him if he thought money was debt: "Money is simply a representation of our promissory obligations (which represents our labor and production that we *owe to each other*) So if we did not *owe* our labor and production to another person, if someone else...
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This is a question asked in review of Chapter 4: Prices and Consumption in the Man, State, and Economy with Power and Market study guide written by Robert Murphy. I started this topic to ask the question and see if my response was right and also to inquire to see if anyone knew of any place in which...
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Since the end of 80s and head of the 90s there are fast improvements of developping communication technologies, opening borders for capital and so do globalism. i made this topic because i realized that there are some people with Libertarian views didn't get how all these events are actually in favour...
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http://mhpbooks.com/books/debt/?id=308 Claims money was established by kings/states. Denies that barter was the start of money. So far this book has glowing reviews (mostly from socialists) but does anyone who has read it know how accurate his claims are?
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I really like the idea of abundant non-fiat money explained by Douglas Rushkoff: http://www.youtube.com/watch?v=h3z27ZvB2VU http://www.youtube.com/watch?v=OHMvknT_uk4 Our economy is suffering from scarce money because money is not "worked into existence". But we can also use technology with...
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ABCT holds that business cycles are caused by an increase in the supply of money. I understand the supply part of ABCT pretty well, but I do not understand how demand factors in. For example, wouldn't the decrease in the demand for money also cause business cycles? Why such a decrease not result...
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I saw this on an anti-Ron Paul site today. Some marxist said if America goes back to the gold standard it would either have to buy up all the gold on earth or it would have to find a way to take money out of circulation in order for the amount of money to equal the amount of gold. Is this true?