Elk County Forum

General Category => Politics => Topic started by: redcliffsw on December 22, 2011, 09:01:49 AM

Title: Interest Rates in a Gold Coin Standard....
Post by: redcliffsw on December 22, 2011, 09:01:49 AM

The Greenbackers hate the idea of the gold standard, just as Keynes did. They claim that fiat money will keep depressions from happening, just as Keynes did. They claim that capital – the tools of production – can be obtained free of charge at a rate of zero percent per annum, just as Keynes did.
-Gary North

http://lewrockwell.com/north/north1075.html