Gold Standard
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Much Ado About Nothing: Objections to the Classical Gold Standard
The classical gold standard has gotten a raw deal in our historical memory. Setting the record straight is a crucial step on the road back to restoring sound.
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The Economics of the Classical Gold Standard
The era of monetary cosmopolitanism was brief. But its effect on human welfare was enormous.
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Fiat Money’s Legal Monopoly
Requiring that citizens track transactions in gold or alternative currencies and pay taxes on gains and losses relative to the dollar is just another mechanism for keeping the monetary playing field unbalanced in favor of government fiat.
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A Review of Philip Barton’s Dawn of Gold: The Real Story of Money
“Money” lacks a standard definition. In his 2014 book Dawn of Gold: The Real Story of Money, Gold Standard Institute President Philip Barton defines money as a “store of stable value,” and it is this stable value that separates gold from everything else that aspires to be called money.
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Gold Mining vs. Bitcoin Mining
The contrasting supply and demand mechanisms of Bitcoin and gold mining pose real challenges to the cryptocurrency’s future.
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Why Drug Dealers, Rappers, and Pimps Wear Their Wealth
There is a reason to the rhyme of why dealers, rappers, and pimps wear their wealth. It all comes down to the legal gulf that separates their professions and art from civic practices. If you want to keep what you have earned, and take every precaution against having it pillaged by the police, it’s best…
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Inflation Is Theft: On the Founding of AIER
Government monetary policy was not invented to help the everyday person but instead to benefit the government and its connected interests, “the swindlers.”
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The Gold Standard and Deflation
Problems that arose with the gold standard were certainly associated with deflation. That does not mean the gold standard was inherently deflationary.
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What Will Devaluation Mean To You?
Devaluation, or clipping the coinage, as the process was called in the days of the Robber Kings, is a subtle form of taxation. Like most other taxes, those imposed by this insidious method will be borne by the Forgotten Man.
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Monetary Cosmopolitanism: The International Gold Standard
In many ways, we are better off than we were in the era of the international gold standard. But monetary freedom is not one of them.
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Coinage and Fiscal Finagling
Coinage provided an easy-to-assess standard. It also presented a significant temptation for the fiscal authority.
