The changes in value haven’t come from gold. The change is due to fiat money and the printing press. Gold … Read the rest
Tag: business cycle
Recession or Depression?
There’s nothing different between the two. Economic realities have changed over the years due to sensitivities. First it was … Read the rest
What Causes the Business Cycle?
The business cycle is caused by artificial credit expansion by the central bank and commercial banks too—if the reserve requirement … Read the rest