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Random thoughts and interesting tidbits. . .
. . .focused on current economical and political events.
"But rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law,' because law is often but the tyrant's will, and always so when it violates the right of an individual."
Thomas Jefferson
The Colonies
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1 comment:
I like how Paul quickly passes over the fact that gold has an inherent value. I guess he really hasn't thought through the inflationary pressures that value would put on the real value of goods if gold were used as a currency again. And he didn't even mention that as a global currency the supply of gold would be less than the demand, hence dramaticaly increasing the inflationary nature of gold as a medium of exchange!
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