The Gold Standard Institute, founded in 2009, exists to disseminate the virtues of the gold standard widely and to establish gold as the basis of money.
If there is one thing that would harm the economy right now it would be higher taxes on those who create jobs.
If we reverse the flow of gold out of the markets, we may be able to prevent a disaster from occurring.
Inflation is not rising consumer prices. One can’t understand much about the monetary system from inside this box.
You folks are demonstrating your anger at “Wall Street” for our problems. You blame “Wall Street” and the “corporations” and “greed” for the Great Recession. You are looking in the wrong place.
We need to dump the flat-earth theories promising that economic and financial outcomes can be planned with a high degree of certainty and need to look at other theories that accept the limits of our knowledge about the future. A revival of Austrian economics could be a good start for such a research programme.
I don’t believe the Fed will play «chicken» during an election year, and when things turn ugly they will announce QE3 and that will kick the can down the inflationary road.
Letter from the Milken Global Conference