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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label commodity money. Show all posts
Showing posts with label commodity money. Show all posts
Saturday, September 21, 2013

More Gold and Silver ATMs in China

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I posted in the introduction of Gold ATM in Beijing China in August 2011 . It appears that Beijing's precious metals ATMs will be exp...
Saturday, April 20, 2013

Matthew Ridley: Bitcoin as Synthetic Money

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The impressive and articulate Matthew Ridley on his blog explains that Bitcoin is a form of synthetic money:  Bitcoins resemble “commod...
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