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Hello - I emailed the Mises Institute, and then Dr. Woods. Dr Woods referred me to your forum. Here is my situation. I am editing online content for high schoolers. When I am done, the content will be reused hundreds, even thousands of times. I have been assigned an American History course. One of the...
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Hello everyone I would like to ask about savings during deflation Lets assume there is 100% gold standard so that money supply is constant. if the GDP grows it means that prices must go down, for example -3% per year. some people may try to save some money in order to consume more in future. but the...
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I'm a bit of a soft-core libertarian, and an economist in particular. A lot of reading and discussion I have read has let me with a number of questions regarding the worshipped "gold standard." 1) Gresham's law states that "bad" easy currency will crowd out "good"...
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Ron, You are quite right about both Rothschild's quote and your statement that Britain does not have a 100% reserve system. Private banks played an extremely important role in financing nations and issuing their currencies in the 19th Century, and the Rothschild's among others profited greatly...
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Hey everyone, figured I'd contibute a little something to the forum here with my first post... I was just wondering as to what every one else thinks about the fallacious reasons typically given for inflation and why it is that everyone buys into those concepts rather than accepting the logically...