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  • What is the value of Gold when not used as a medium of exchange?

    Hypothetical question : If the US Treasury/ Federal Reserve were to make an announcement saying that the US will never be returning to the gold standard (and fiat currency were permanent), and the Fed would no longer hold gold in its vaults, what would be the impact? What would be the attractiveness...
    Posted to Economics Questions (Forum) by JH2011 on Mon, Aug 8 2011
  • Subsidy- Solar- Cell Phones

    Their subsidization of solar panel production is, believe it or not, has little or no impact on the pace of solar energy research and development. If they subsidized the production of cell phones, new faster, smaller, more reliable cell phones would still be coming out every year. The only difference...
    Posted to Economics Questions (Forum) by Sanchez on Sun, Apr 18 2010
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