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  • charging interest in a system with a gold standard

    What is the mechanism whereby interest is charged on borrowing money, in a system with a relatively fixed money supply? Assume there is $1k in the system. I borrow $100 at 1% interest. Where does the $1 i pay in interest, come from? What if 50% interest? quick answers appreciated. thanks.
    Posted to General (Forum) by copycat042 on Fri, Jun 29 2012
  • Re: Natural economic order

    [quote user="niphtrique"]"Natural Economic Order" clearly states that the root the economic and monetary problems we have today, is the charging of interest on money.[/quote] Please have a look at The Bastiat Collection - Volume 1 : Chapter V: Capital and Interest . It has been a...
    Posted to Economics Questions (Forum) by corpus delicti on Fri, Oct 3 2008
  • Natural economic order

    First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
    Posted to Economics Questions (Forum) by niphtrique on Fri, Oct 3 2008
  • Inflation---->BAD OR GOOD???

    I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...
    Posted to Economics Questions (Forum) by Unikkatel on Fri, May 2 2008
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