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Hot And Trending...
Trending
- The private/public distinction, a reply to Stringham and Powell
- "Bond King” Jeffrey Gundlach said he thinks Trump needs someone who will keep interest rates low. http://bit.ly/2ilwmIA
- The World Is Preparing for a Post-US Dollar Economy (Audio) @SchiffGold http://bit.ly/1NEQlt7
- When considering gold-backed ETFs, you should always keep in mind that you don’t actually own the gold. http://bit.ly/2vLOCAu
- Selgin on Haber and Calomiris
- The WGC found that adding gold to portfolios with other alternative assets ultimately tends to increase returns. http://bit.ly/2sdpdyt
- China, as well as other countries including Russia, desperately want to reduce their dependence on the dollar. http://bit.ly/2y4vbEo
- Whos in Charge Capitalists or Consumers? | Steven Horwitz
- Here are 7 major themes that have driven gold news over the past year. http://bit.ly/2ltvNKG
- As it stands now, even a modest normalization of interest rates would crush the US budget under interest payments. http://bit.ly/2yVRqfj
Thursday, December 17, 2015
Should the Austrians appropriate the term "trickle-down"?
Central banks that inflate redistribute wealth in society, steal the purchasing power from those holding the money, the central bank gains the purchasing power and then it trickles down to the government, commercial banks and big corporations.