Money & Banking

The Gold Standard and Monetary Freedom

The monetary central planners can never be more successful in determining a “optimal” quantity of money or the “right” interest rates to assure savings-investment coordination than all other socialist planners were when they tried to centrally plan agricultural production or investment output for an entire society.

Greenspan, Interest Rates & Inflation

What do low interest rates have to do with causing the government to inflate the money supply?The link between Fed-manipulated interest rates and the money supply is a direct, causal one. The interest rate in question is the 'Fed Funds rate'. This is the rate that...

Only A Gold Dollar Will End Deficits

Only A Gold Dollar Will End Deficits

The United States government has had a budget deficit in almost every year since 1933. Repeated pledges to end the deficits have come to nothing. The latest pledge, President Clinton's plan to eliminate the deficit by the year 2002, is only one more such empty...

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