http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/ Ideas on Liberty Wed, 15 Feb 2012 01:57:20 +0000 hourly 1 http://wordpress.org/?v=3.3 http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/comment-page-1/#comment-56353 Albert gaylord | Autoserviciosm Sun, 05 Feb 2012 23:57:52 +0000 http://www.thefreemanonline.org/uncategorized/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/#comment-56353 [...] Money and Gold in the 1920s and 1930s: An Austrian View | The …Albert Gaylord Hart and Peter B. Kenen, Money, Debt, and Economic Activity ( Englewood Cliffs, N.J.: Prentice-Hall, Inc., 1961), pp. 4–6; Thomas F. Cargill, … [...] [...] Money and Gold in the 1920s and 1930s: An Austrian View | The …Albert Gaylord Hart and Peter B. Kenen, Money, Debt, and Economic Activity ( Englewood Cliffs, N.J.: Prentice-Hall, Inc., 1961), pp. 4–6; Thomas F. Cargill, … [...]

]]> http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/comment-page-1/#comment-52796 The Company Ron Paul Keeps - Page 15 Sun, 25 Dec 2011 04:29:10 +0000 http://www.thefreemanonline.org/uncategorized/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/#comment-52796 [...] Economic Legacy Has Damaged America (9781416592228): Burton W. Jr. Folsom: Books Smoot Money and Gold in the 1920s and 1930s: An Austrian View | The Freeman | Ideas On Liberty Those who would give up essential liberty to purchase a little temporary safety deserve [...] [...] Economic Legacy Has Damaged America (9781416592228): Burton W. Jr. Folsom: Books Smoot Money and Gold in the 1920s and 1930s: An Austrian View | The Freeman | Ideas On Liberty Those who would give up essential liberty to purchase a little temporary safety deserve [...]

]]> http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/comment-page-1/#comment-45527 Why Warren Buffett Is Wrong « azizonomics Sun, 14 Aug 2011 15:15:38 +0000 http://www.thefreemanonline.org/uncategorized/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/#comment-45527 [...] For that reason, Buffett rates American debt as AAAA. But, like Greenspan, he is sorely deluded. Negative real rates — which lead to an accelerating spiral of a weaker currency triggering lower imports, triggering of deeper inflation, triggering a weaker currency (and so forth) — puts Treasuries, cash and equities — everything valued in dollars — on a crummy foundation. Business conditions are nothing like Buffett has experienced in his investing career. In truth, they are more like those at the start of the 1930s where poor economic, social, and infrastructural foundations dragged all stocks — even especially productive ones — down against gold, which more than retained its value. [...] [...] For that reason, Buffett rates American debt as AAAA. But, like Greenspan, he is sorely deluded. Negative real rates — which lead to an accelerating spiral of a weaker currency triggering lower imports, triggering of deeper inflation, triggering a weaker currency (and so forth) — puts Treasuries, cash and equities — everything valued in dollars — on a crummy foundation. Business conditions are nothing like Buffett has experienced in his investing career. In truth, they are more like those at the start of the 1930s where poor economic, social, and infrastructural foundations dragged all stocks — even especially productive ones — down against gold, which more than retained its value. [...]

]]> http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/comment-page-1/#comment-33015 J Sun, 12 Sep 2010 02:02:35 +0000 http://www.thefreemanonline.org/uncategorized/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/#comment-33015 So somebody reads this every few years? Well we've got education, interconnectivity and guns, but no will to use them---the NRA will sit on its "cold dead fingers" until all they can do is use their ammo on neighbors who have less Y2K supplies than them. We've played into the neo-cons and leftists hands! That old artificial subsidy jump in labor-union wages is like today's Cash for Clunkers steel-for-China program, or housing-for-homies subsidies. These temporary bailout influxes not only re-aim consumer money in an unnatural way outside the free market; but after the initial burst of activity, it slows down and fades, putting us deeper in the depression than before. And all to cover the pulling of the economy by Bush/Cheney and subsequent imposition of an illegal-alien Muslim Marxist jackass acting-presidink. We've never printed money faster (and California chokes for a reason similar to Greece and the PIGS: they cannot print their own), but the real factor is corporate-controlled-gov-controlled computer credit fascism. Trillion is the new Billion, Josie!! Sure Bear Stearns lost silver control so was closed and it was handed to JP Morgan to more-fully manipulate. So now are they done? BECAUSE ONCE WE'RE TOO BROKE TO FIGHT BACK, THEY'VE WON. It was ALWAYS a class war, AND ONCE WE'RE IN THE BREAD LINES, we'll finally understand they sold off our ability to manufacture that great government cheese. That huge sucking sound will be the new world odor counting it's willing henchmen like the Clintons, Gores, Obamarxs, elitist U.S. Senators, et al. Those FOOLS think they will be left in charge once the robber-baron banker bastards break this union of States. So somebody reads this every few years? Well we’ve got education, interconnectivity and guns, but no will to use them—the NRA will sit on its “cold dead fingers” until all they can do is use their ammo on neighbors who have less Y2K supplies than them. We’ve played into the neo-cons and leftists hands!
That old artificial subsidy jump in labor-union wages is like today’s Cash for Clunkers steel-for-China program, or housing-for-homies subsidies. These temporary bailout influxes not only re-aim consumer money in an unnatural way outside the free market; but after the initial burst of activity, it slows down and fades, putting us deeper in the depression than before. And all to cover the pulling of the economy by Bush/Cheney and subsequent imposition of an illegal-alien Muslim Marxist jackass acting-presidink.
We’ve never printed money faster (and California chokes for a reason similar to Greece and the PIGS: they cannot print their own), but the real factor is corporate-controlled-gov-controlled computer credit fascism. Trillion is the new Billion, Josie!!
Sure Bear Stearns lost silver control so was closed and it was handed to JP Morgan to more-fully manipulate. So now are they done?
BECAUSE ONCE WE’RE TOO BROKE TO FIGHT BACK, THEY’VE WON. It was ALWAYS a class war, AND ONCE WE’RE IN THE BREAD LINES, we’ll finally understand they sold off our ability to manufacture that great government cheese. That huge sucking sound will be the new world odor counting it’s willing henchmen like the Clintons, Gores, Obamarxs, elitist U.S. Senators, et al. Those FOOLS think they will be left in charge once the robber-baron banker bastards break this union of States.

]]> http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/comment-page-1/#comment-23218 Potpourri Tue, 16 Mar 2010 04:00:50 +0000 http://www.thefreemanonline.org/uncategorized/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/#comment-23218 [...] to be careful about the price of gold during the Depression, what with FDR changing the peg from $20.67 an ounce to $35 in about 9 months. I think the basic principle still holds, but it’s a pretty significant [...] [...] to be careful about the price of gold during the Depression, what with FDR changing the peg from $20.67 an ounce to $35 in about 9 months. I think the basic principle still holds, but it’s a pretty significant [...]

]]> http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/comment-page-1/#comment-21334 Roosevelt’s Recession of 1937 – Economic Thought Wed, 20 Jan 2010 19:16:46 +0000 http://www.thefreemanonline.org/uncategorized/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/#comment-21334 [...] Salerno, Joseph T., Money and Gold in the 1920s and 1930s: An Austrian View, The Freeman: October 1999 (Vol. 49, No. [...] [...] Salerno, Joseph T., Money and Gold in the 1920s and 1930s: An Austrian View, The Freeman: October 1999 (Vol. 49, No. [...]

]]> http://www.thefreemanonline.org/featured/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/comment-page-1/#comment-20475 The Dangerous “Lessons” of 1937 – Economic Thought Fri, 18 Dec 2009 09:02:57 +0000 http://www.thefreemanonline.org/uncategorized/money-and-gold-in-the-1920s-and-1930s-an-austrian-view/#comment-20475 [...] Salerno, Joseph T., Money and Gold in the 1920s and 1930s: An Austrian View, The Freeman: October 1999 (Vol. 49, No. [...] [...] Salerno, Joseph T., Money and Gold in the 1920s and 1930s: An Austrian View, The Freeman: October 1999 (Vol. 49, No. [...]

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