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  • Supply vs Demand applied to money

    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...
    Posted to Economics Questions (Forum) by tcostel on Tue, May 29 2012
  • two questions from an econimics newbie

    I am an economic layman, but I want to know more. I recently started reading Murray Rothbard's "What Has Government Done to Our Money?". I am about 50 pages in and there are two things that are confusing me. 1) In arguing that money must arise out of a free market process as opposed to...
    Posted to Economics Questions (Forum) by MDay1985 on Sun, Feb 13 2011
  • Re: Questions regarding FED's interest rate mechanism

    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...
    Posted to Economics Questions (Forum) by fingolfin on Wed, May 21 2008
  • Re: Questions regarding FED's interest rate mechanism

    @ 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...
    Posted to Economics Questions (Forum) by fingolfin on Wed, May 21 2008
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