those goldbugs of a libertrian/Austrian economics bent (most seem to be,
funnily enough) this organisation is
likely to be of interest. Their mission:
We aim to strengthen the
free market system in Western Australia and Australia, by promoting ideals of
voluntary co-operation, choice, personal rights, limited government and
responsible resourcefulness of individuals.
The Liberal Democratic Party may
also be of interest. How can you argue with this Econ 101 on
the WA branch's site:
9. Prices Rise When the
Government Prints Too Much Money. When a government creates large quantities
of the nation's money, the value of the money falls. As a result, prices
increase, requiring more of the same money to buy goods and services.
Manipulation of Interest Rates and Money Quantity Causes Booms & Busts.
Making money cheap (low interest rates) and abundant leads to excessive short
term consumption which leads entrepreneurs to over invest in non-productive
assets. Excessive demand for goods from consumers and entrepreneurs then
raises the price of goods and money (higher interest rates) which results in
the liquidation of non-profitable investments (mal-investments). The
destroyed capital and associated production dislocation is the recession.
Bron Suchecki has
worked in the precious metals markets since 1994, when he joined the Perth
Mint as an Administration Officer in their Sydney retail outlet. In 1998 he
moved to Perth to work in the then fledgling Depository division. He has held
a number of roles since then in the treasury, risk and governance areas of
All posts are Bron's personal opinion and not endorsed by the Perth Mint in