Can Increases in the Supply of Gold Lead to Boom-Bust Cycles?
While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.
While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.
While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules.
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules.
Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor.
Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.
The fiat monetary system is slowly breaking down, taking the economy with it.
Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.
It is no secret that freedom, both socially and economically, are disappearing in the USA and Great Britain. The consequences will be most severe if we do not reverse these patterns.
The fiat monetary system is slowly breaking down, taking the economy with it.