Freitag, 12. November 2010

The Gold Standard Never Dies

Lew Rockwell, der vielleicht nicht die Intrinsik debitistischer Saldenmechanik durchschaut, dafür aber von einem geradezu poetischen libertären Idealismus getrieben ist.
Money to the people!

"As Murray Rothbard emphasized, the essence of the gold standard is that it puts power in the hands of the people. They are no longer dependent on the whims of central bankers, treasury officials, and high rollers in money centers. Money becomes not merely an accounting device but a real form of property like any other. It is secure, portable, universally valued, and rather than falling in value, it maintains or rises in value over time. Under a real gold standard, there is no need for a central bank, and banks themselves become like any other business, not some gigantic socialistic operation sustained by trillions in public money."

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