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rune66

The New Gold Standard: Rediscovering ... - Paul Nathan - Google Books - 0 views

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    "The gold standard was abandoned in 1913 when the Federal Reserve System was created to replace it."
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    Aha! Guldstandarden blev forladt i 1913 IKKE først i 1971.
rune66

History of the United States dollar - Wikipedia, the free encyclopedia - 0 views

  • The sudden jump in the price of gold after the demise of the Bretton Woods accords was a result of the significant prior debasement of the US dollar due to excessive inflation of the monetary supply via central bank (Federal Reserve) coordinated fractional reserve banking under the Bretton Woods partial gold standard.
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    Har undret mig lidt over, hvordan FRB kunne sameksistere med en guldstandard (for det gjorde de). Det lader til, at pengemængden også under guldstandarden (Bretton Woods) ekspanderede, og at USA's centralbank på den måde i realiteten ikke har kunnet veksle alle dollar til guld. Præcis som banker i dag, har de garanteret at de kunne vel vidende, at hvis alle dollar skulle veksles, så kunne de ikke.
rune66

Krugman attacks Ron Paul, Austrian Economics - 0 views

  • A lot of it was spent on bailing out US banks and that money is still there, as well as money funnelled into well connected corporations within the US. Already in the UK inflation is going out of control because of QE in this country, why should the US expect to be any different? What will happen when the US’s banks begin lending those trillions they are sitting on?
    • rune66
       
      Godt spørgsmål.
  • prefer ron paul /austrian economics view of life, but if you take on fiat debts worth trillions… you can’t solve the problem by cutting spending and having people suffer for this, this is not right, this type of debt should be canceled first (at least most of it)
    • rune66
       
      Én fra "Den anden lejr" (i modsætning til f.eks. Ole B.), som også argumenterer for gældseftergivelse.
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    Paul Krugman oprindelig i Politiken. Jeg bed mærke i det, fordi han nævnte guldstandarden og den østrigske skole.
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