Difference between revisions of "Gold"
From Critiques Of Libertarianism
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[[Category:Austrian Economics]] | [[Category:Austrian Economics]] | ||
| − | {{DES | des = [[Austrian Economics|Austrians]] tend to spout weird theories about depressions being due to "fiat money", and how the one, true currency is gold which will solve all those problems. Despite the fact that most of the world operated on the silver standard for centuries. | show=}} | + | {{DES | des = [[Austrian Economics|Austrians]] tend to spout weird theories about depressions being due to "fiat money", and how the one, true currency is gold which will solve all those problems. Despite the fact that most of the world operated on the silver standard for centuries, and the gold standard was due to government fiats in the 19th century. | show=}} |
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