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View Full Version : Gold prices are currently endorsing Ron Paul




rodent
10-11-2007, 11:01 AM
..

kylejack
10-11-2007, 11:02 AM
You can see in just about any commodity what inflation is doing...gold, silver, copper, milk, gas....anything.

johngr
10-11-2007, 11:04 AM
Gold's not rising, fiat's sinking.

hopeforamerica
10-11-2007, 11:08 AM
Some people need lessons in basic economics. They must have been asleep in that high school class.

Gilby
10-11-2007, 11:11 AM
They don't teach economics in high school.

jaumen
10-11-2007, 11:28 AM
They don't teach economics in high school.

So true. I think the majority of people in this country have no clue about economics. I know I didn't, and am only just recently learning.

Andrew76
10-11-2007, 12:09 PM
So true. I think the majority of people in this country have no clue about economics. I know I didn't, and am only just recently learning.

Absolutely! Public education in general is a huge mess right now. Recently, I've been reading as much Milton Friedman as I can get my hands on. His, "Free To Choose," and "Freedom and Capiltalism," books are excellent, particularly for folks like me who're simply trying to get a handle on things. Friedman gives you that basic understanding and appreciation for economics, and so much more. I actually found "Free To Choose," at a used book store for one dollar! Lucky me! Can't recommend it enough.

aksmith
10-11-2007, 12:16 PM
Absolutely! Public education in general is a huge mess right now. Recently, I've been reading as much Milton Friedman as I can get my hands on. His, "Free To Choose," and "Freedom and Capiltalism," books are excellent, particularly for folks like me who're simply trying to get a handle on things. Friedman gives you that basic understanding and appreciation for economics, and so much more. I actually found "Free To Choose," at a used book store for one dollar! Lucky me! Can't recommend it enough.

Free to choose is a great book. I used to give people copies of it to introduce them to freedom. Friedman, though, was not the great economist we all used to think he was. For someone who seemed to grasp freedom and the problems with fiat currency, he never quite made the leap to getting rid of fiat currency. And he had some flawed ideas such as school vouchers and the reverse income tax, which are merely socialism/fascism dressed up to be made more palatable. They are okay as baby steps, but he seemed to see them as the end game.

In the final tally, better than Keynes and the original Chicago guys, but not as good as von Mises and Hayek and Rothbard and the Austrian guys.