An Outlook for the Dollar and Gold as Money

The dollar, inflation, and sound money….that’s what we’re concerned with today!  How are these subjects impacting our lifestyles, purchasing power, the way we live?  In this video Philipp Bagus, Assistant professor of Economics at Madrid’s Universidad Rey Juan Carlos and author of The Tragedy of the Euro, and Alasdair Macleod of the GoldMoney Foundation talk about the ongoing expansion of the money supply and persistent deficits.  Is the dollar gaining in value over the medium to long term?  Bagus – like so many Austrian economists – doesn’t think so.   So, what is the solution?  Nothing new under the sun, an idea that’s been proven the right option by history: sound money.  Bagus explains different ways to go about the introduction of sound money.  One way would be to back all the money in existence by gold, adjusting the price of gold accordingly.  Another would be to take away legal tender laws and have competing currencies.  However this would require the governments to impose dramatic reforms, which is partly why they will oppose such measures.  Watch this short educational interview.

An outlook for the dollar and gold as money

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  1. #1 by DAN on February 8, 2012 - 12:13 pm

  2. #2 by DAN on February 6, 2012 - 7:49 pm

    Revin dupa ce am citit (un pic din) blogul tau:
    FELICITARI! “Refeshing and good ideas!”

    Ce- ai zice daca ai incerca sa il popularizezi un pic si in Romania (poate sa si postezi in romana??). Oricum eu voi trimite link-ul catre toti cei pe care ii cunosc si stiu ca vor pricepe (si aprecia) ceea ce zici…

    • #3 by Anonymous on February 7, 2012 - 1:19 am

      Dan, te rog trimite-mi e-mailul direct la care pot sa-ti scriu. Multumesc;-)

      • #4 by DAN on February 7, 2012 - 2:36 pm

        Pe mine chiar ma cheama Dan…

      • #5 by carmenalexe on February 7, 2012 - 3:06 pm

        Dan, Ai un email la care pot sa iti scriu?

  3. #6 by DAN on February 6, 2012 - 7:27 pm

    “Coming from a country without individual freedom or respect for private property”!!

    Buna prezentare pentru primul articol pe Mises Daily…
    Ceilalti romani care au avut articole publicate acolo au gasit, totusi, alte formule de prezentare. Desigur, ei or fi gasit alte alemente despre care pot spune ca ii identifica…

  4. #7 by DAN on February 6, 2012 - 7:24 pm

    “Coming from a country without individual freedom or respect for private property”!!

    Buna prezentare pentru rpimul articol pe Mises Daily…
    Ceilalti romani care au avut articole publicate acolo au gasit, totusi, alte formule de prezentare. desigur, ei or fi gasit alte alemente despre care pot spune ca ii identifica…

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