This is the second part of Keith’s lecture on irredeemable currency. Enjoy!
Our own Keith Weiner gives us a lecture on “Irredeemable Currency”. Keith gives us a view of the history of our modern monetary system vis-à-vis gold and the problems it has caused. This is lecture 1 of two. I will post lecture 2 tomorrow. Enjoy.
I am writing this, having just returned from the fourth course at the New Austrian School of Economics, in Munich. The single biggest theme was the rate of interest and its linkage to prices. Kondratieff, among several others, have observed that rising prices lead to rising interest rates and vice versa. And the opposite case is [...]
Our own Keith Weiner discusses “Irredeemable Currency vs. Gold.” For the rest of this lecture, please see it here.