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August 15th, 2007, 01:14
good discussion… but I run out of ammo. Just dig around the web and brought a couple of books.
Ironically, this little paper was written by the God-father of Federal Reserve, Alan Greenspan before he became the Chairman.
http://www.eldoradogold.net/pdf/gree…ic_freedom.pdf
I seems to get the impression that fiat money is like a habitual drug user or gambler, it will only escalate to its inevitable and destructive end. but would take a grain of salt…from these advocates of Gold. Just like other things, it also follows the supply and demand curve.

An interesting site about Austrian School of economics, advocate of free market economic vs. statist. Central bank by definition is statism.
http://www.mises.org/

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