Recevez notre Marketbriefing
In the same category
The Recusant
Member since May 2012
112 commentaries - 2 followers
has posted a comment on the article :
>The purpose of market intervention  - Alasdair MacLeod - Goldmoney
One might be tempted to advocate a blend of Keynesian and Austrian practices to solve the problems. Yet, like the recent central bank money printing, the government tends to go overboard, lacking restraint, to actually damage the economy more than help it. By using gold as its standard, a government has a meter for measuring the value of its money and economy. Bring it back!

1080 days ago
Beginning of the headline :Interventions inmarkets bygovernments and centralbanks are routine andwetakethem forgranted. No one questionsthem, buttheycancreatedangerousdistortions.Theirreason forinterveningis totakepricedeterminationawayfrommarkets andconsumers. Theauthorities andbig business do notlikeleavingprices to freemarketsbecauseprices are subjective: inotherwords,prices aredecided by thedesires of theconsumer and not thecost of production... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles