People want gold because they understand that it means wealth. In fact, in a very real sense, gold is money. http://bit.ly/2rz4a8C
— Peter Schiff (@PeterSchiff) June 16, 2017
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- Why does it feel like many Austrians give a pass on money destruction?
- High Black unemployment results more from bad legislation coming from Congress and the White House, than bad monetary policy from the #Fed!
- Malinvestment and the Austrian Business Cycle, as explained by Yogi Berra
- #Gold unlike #Bitcoin was a safe haven today. Gold rose, though slightly, but Bitcoin's price dropped by even more than the stock market. I expect gold prices to surge soon, while i expect Bitcoin prices to keep falling with the stock market.
- @RJChancey Times are not very good. That is exactly what Republicans were claiming just before the 2008 financial crisis. We are actually in worse shape now than we were then, and headed for an even greater economic crisis.
- From CNBC. http://bit.ly/25CwpB2
- What can a neoclassical economist learn from Austrianism?
- Trade Deficit of the US vis a vis China/Japan...
- No, billionaires don’t drive economic growth – and crony billionaires strangle it
- To Puerto Ricans wanting #StatehoodPR : If you think the Zika virus is bad, wait until you feel the sting of an infestation of IRS agents!