Commodity Trade Mantra

Posts Tagged ‘Inflation Tax’

Individuals likely to opt for Gold or Silver if Free to choose what to use as Money

History shows that, if individuals have the freedom to choose what to use as money, they will likely opt for gold or silver. Of course, modern politicians and their Keynesian enablers despise the gold or silver standard. Its because linking a currency to a precious metal limits the ability of central banks to finance the growth of the welfare-warfare state via the inflation tax.

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