What Can Gold Do for Our Money?

What Can Gold Do for Our Money?

One of the chief virtues of a gold standard is that it serves as a restraint on the growth of money and credit. It makes runaway government deficit spending and major monetary catastrophes such as hyperinflation practically impossible. Opponents of a gold standard...
Why Government Hates Gold

Why Government Hates Gold

by Murray Rothbard, Excerpted from What Has Government Done To Our Money When a country goes off the gold standard and onto the fiat standard, it adds to the number of “moneys” in existence. In addition to the commodity moneys, gold and silver, there now...