by Summary:
This is not your typical gold buggy "argument" against MMT although it is pro-gold standard. Jeffrey Snider goes through the history and lays out a case. It is worth a read. Edison was exactly right about the nature of gold as money. Everything boils down to who gets to control it. If you believe as Edison and Ford the government can be and most often is a force for good, then monetary restraint is a barbarous evil. But what if the government is populated, always, by bumbling incompetents masquerading themselves as technocratic geniuses? Real Clear MarketsGold Reminds Governments That They're Still Not In ControlJeffrey Snider | Chief Investment Strategist of Alhambra Investment Partners
Topics:
Mike Norman considers the following as important: Gold, Gold Standard, Henry Ford, John Austin Steven, john maynard keynes, Thomas Edison
This could be interesting, too:
This is not your typical gold buggy "argument" against MMT although it is pro-gold standard. Jeffrey Snider goes through the history and lays out a case. It is worth a read. Edison was exactly right about the nature of gold as money. Everything boils down to who gets to control it. If you believe as Edison and Ford the government can be and most often is a force for good, then monetary restraint is a barbarous evil. But what if the government is populated, always, by bumbling incompetents masquerading themselves as technocratic geniuses? Real Clear MarketsGold Reminds Governments That They're Still Not In ControlJeffrey Snider | Chief Investment Strategist of Alhambra Investment Partners
Topics:
Mike Norman considers the following as important: Gold, Gold Standard, Henry Ford, John Austin Steven, john maynard keynes, Thomas Edison
This could be interesting, too:
Steve Roth writes John Maynard Keynes Doesn’t Seem to Know What He Means by the Word “Spending”
Mike Norman writes My new podcast episode is out.
Mike Norman writes My new podcast episode is out.
Mike Norman writes My new podcast episode is out.
Edison was exactly right about the nature of gold as money. Everything boils down to who gets to control it. If you believe as Edison and Ford the government can be and most often is a force for good, then monetary restraint is a barbarous evil. But what if the government is populated, always, by bumbling incompetents masquerading themselves as technocratic geniuses?Real Clear Markets
Gold Reminds Governments That They're Still Not In Control
Jeffrey Snider | Chief Investment Strategist of Alhambra Investment Partners