Saturday, March 29, 2008
The Perils of Base Money
Leland Yeager warned that the real danger of modern monetary policy is that money is not tied to any physical anchor. Read his article in the Review of Austrian Economics.
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1 comment:
interesting concept. With the economy being shaky it is not good to have unstable monetary holdings...but what can you do to change the effect of the economy as it stands right now in relation to your monetary holdings?....
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