Topic: Gold Standard

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Much Ado About Nothing: Objections to the Classical Gold Standard

– July 6, 2018

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

– June 13, 2018

The era of monetary cosmopolitanism was brief. But its effect on human welfare was enormous.

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Fiat Money’s Legal Monopoly

– April 18, 2018

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

– March 28, 2018

“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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A Sound Debasement

– March 23, 2018

Debasement helps the mint defend against an aggressive counterfeiter.

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Gold Mining vs. Bitcoin Mining

– March 17, 2018

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

– February 14, 2018

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 to carry it with you.

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Inflation Is Theft: On the Founding of AIER

– January 24, 2018

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

– January 24, 2018

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?

– January 13, 2018

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

– January 10, 2018

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

– December 4, 2017

Coinage provided an easy-to-assess standard. It also presented a significant temptation for the fiscal authority.

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