this really sounds like one of those theoretical things that flies in the face of common sense interpretation of historical events. For instance, it was partly England’s very tight control of money, specifically “specie,” that led to impoverishing and radicalizing even moderate people like George Washington.
? Ya lost me there. Whether or not gold is money, a very crucial distinction. Along this line, it cannot be an investment, but rather the unit of account. Investments are expected to provide a return, above and beyond that provided by fixed investments like bonds.
? Ya lost me there. Whether or not gold is money, a very crucial distinction. Along this line, it cannot be an investment, but rather the unit of account. Investments are expected to provide a return, above and beyond that provided by fixed investments like bonds.