Difference between revisions of "Gold"
From Critiques Of Libertarianism
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[[Category:Austrian Economics]] | [[Category:Austrian Economics]] | ||
+ | [[Category:Currency]] | ||
[[Category:What Is Wrong With Libertarianism]] | [[Category:What Is Wrong With Libertarianism]] | ||
{{DES | des = [[Austrian Economics|Austrians]] tend to spout weird theories about depressions being due to "[[Fiat Money|fiat money]]", and how the one, true currency is gold which will solve all those problems. [[Ayn Rand]] fans mimic her fetish for gold in "[[Atlas Shrugged]]". 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=}} | {{DES | des = [[Austrian Economics|Austrians]] tend to spout weird theories about depressions being due to "[[Fiat Money|fiat money]]", and how the one, true currency is gold which will solve all those problems. [[Ayn Rand]] fans mimic her fetish for gold in "[[Atlas Shrugged]]". 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=}} |