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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 gold ATM. 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, September 17, 2011

Gold as Money: China’s Gold ATMs and Donald Trump’s Gold Security Deposit

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We are witnessing more signs of gold’s reassuming its place as money. From Forbes , (bold emphasis mine) China’s got the gold bug. Re...

Monday, June 21, 2010

What Gold’s Latest Record Prices Mean

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``The struggle against gold which is one of the main concerns of all contemporary governments must not be looked upon as an isolated phenome...

Saturday, December 19, 2009

Creative Destruction: Electronic Payments Over Cash And Checks

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Creative destruction appears to be taking hold even in terms of the means to conduct payment. In the United Kingdom, electronic payments app...

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