Prices change over time. In other words, it doesn’t impact everyone equally. Prices will rise with the expectation of inflation. … Read the rest
Category: Money
Polluting Economics
Prosperity comes from not polluting economics. By that, I mean not intervening in the free market. All legislation must … Read the rest
Money Stabilization
The Myth of Price Gouging
There are many myths spread by propaganda. From people trying to win a popularity contest or their sycophants. A very … Read the rest
Intentional Debasement
Debasement of the money isn’t new. Money was most commonly debased by shaving off the edges of coins and … Read the rest
What are Prices?
Prices are simply ratios of one thing for another. Goods and services are bought and sold with money prices … Read the rest
The Limit of Fiat Money
Paper isn’t money, to operate it must come with a decree or fiat. Mining for gold can be … Read the rest
Ideas from the Lunatic Asylum
Inflation is absolutely devastating to the economy. It could be halted by not printing money. That won’t happen. Inflation will … Read the rest
Fiat Money
The belief is nearly universal that money can’t be free. This implies that it must be controlled, regulated, manipulated, and … Read the rest
Gold is Heavy
It would be inconvenient to carry around gold if the transaction is too large. It has a high value … Read the rest