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Hi all. I've been slowly working, over the past few months, on what I like to call a "Craig's List for sound money". I think I am finally ready to tell the world about it, though I know many important features are still missing; I need some real users to keep me motivated. I plan to...
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I don't know any books on this subject. However there's a mp3 accompanied with a transcript of Joseph R. Peden's lecture "Inflation and the Fall of the Roman Empire," given at the Seminar on Money and Government in Houston, Texas, on October 27, 1984. I've listend to it and...
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How does one buy gold from a gold mining company in economy using gold as money? I expect the buyer must use another type of money such as silver.
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My son will be turning 8 years old soon and he is exceptionally bright for his age...and he is really showing a strong interest in economics and politics. He already understands the value of collecting gold & silver over paper money, and totally understands inflation as well! During the presidential...
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I'm naturally frugal, and am always looking for opportunities to produce free money without risk - arbitrage, if you will. I'm guessing that its a trait I share with most folks..... Such an opportunity exists in the form of E-Bay's new rebate program with Live.com. I've been using it...
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Some have argued that our economy wouldn't have grown as it has were we still on the gold standard. This infers that the economy is a zero sum gain and that the only way to grow is via exports with a trade deficit in our favor. Trade aside, can an economy grow with a fixed supply of money?
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I am currently reading Murray Rothbard's "What Has Government Done To Our Money? & The Case for a 100 Percent Gold Dollar". I recently came upon a curios passage that states the following: "I need not go through the familiar but fascinating story of how gold and silver were selected...
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@ meambobbo What a fantastic and highly detailed response. Thank you kindly, your time and knowledge is very much appreciated . There is a lot to 'chew over' in those replies! Allow me some time to crunch up those points in my mind and I'll get back to you with some more questions if need...
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Point taken. However I'm not debating the form and makeup of a state, or indeed the virtues of anarchism! What I'm curious about is whether or not the core economic issue is the violent enforcement of a monopoly on currency ( by the state ). Fine, get rid of the FED - let the state control money...
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@ meambobbo Great post, just curious... So... perhaps what might be ideal is a completely open, free-market competition in actual currency? Gold, silver, paper money (backed 100% by X Y or Z) or e-gold, diamonds, vintage cheeses (joke!) or whatever the free-market innovates and finds most convenient...