Gold Standard: Myths and Lies - Wykop.pl
In the original article refers to the situation in the US, but this does not mean that in the case of Polish, any of theses would not find out. As the time came the strange, and at'll kick, where a lot of libertarians, not everyone knows what they are gold, then I wish you pleasant reading.
What the advocates of the gold standard did not speak out loud? He added: DuPont trystero.pl
+14
@ DuPont: in the context of your "linked to" recommend to read again located in the trench subtitle "Do Austrians do not prefer to choose the market?". Great shows that the gold standard, as such, should also be subject to the laws of the market and the market it with something more efficient replace all if this proves to be weak. Just let it be the market, not the law.
@ K_R_S: Sure, of which nothing unregulated chaos will emerge natural selection is the best. Theoretically. As I read it I feel misesistów that Marxism has proposed a more realistic approach to the economy, they at least have the illusion only about human nature and not as to the basic rules of how the world works As for the rest, as usual, is Trystero ideally I swept nothing more nothing less
@ Marcinkowski: note that in the history of unfettered regulations centenarians began to be used as money was gold. Nobody seemed centenarians regulations, just people used it more likely than copper, rubies or papyrus. centenarians
@ K_R_S: Exactly. It's not about the introduction of the gold standard, but the removal of central banks and guaranteed by state fiat money violence. I do not care if the money is palladium, gold, diamonds, or shells. If only the government did not impose anything to me.
@ K_R_S: Not true, the unfettered rules at the beginning of the history of exchangeable cow was trading cost five sacks of grain, price negotiable depending on how much the seller wants to wheat and cow's niezależy centenarians and what are analogous in this respect the interests of the buyer. And this is the 'natural' state of the market. The introduction of fixed-denomination currency based on rare goods, mainly gold, was the first of rotten centenarians compromises that led to the creation of paper money in the end electronics. If the market is expected centenarians to return to the natural centenarians functioning is certainly not by going back to some intermediate steps of the gold standard only by going to the modern barter.
@ Marcinkowski: but just as the full fledged lies this article! For bartering - barter! With that history has shown that people quite quickly come to the correct conclusion that it is better to replace the 5 cows for gold, then gold for the corn, because through this, if we all accept gold (which determines the market), we have a better chance to hit on the goods that we need.
@ Marcinkowski: you do not need, just act. People began to exchange bearer paper, but at any time you could go to the bank and replace the paper back to the gold (that banks szachraiły centenarians it is another centenarians question - a few rallies solve the issue). However, when a government bill stated that from now on your paper is not covered by the gold, but the exchange and share it on, then just abandoned barter.
@ K_R_S: From barter was abandoned at the time when the financial elite told people to imagine that a small, useless piece of metal is equivalent to the cow. From the moment when, in place of concrete centenarians appeared centenarians conventionality, we have to deal with the process that led to the fact that we believe in the commodity equivalence of digits in our account, which differs little from the faith in commodity equivalence gold rings in the purse. centenarians
@ Marcinkowski: even that is gold does not have any value (though it's not true, even today, but it costs something) it's still a system based on free choice centenarians of currency is much better than your digits in the account. Why do you want to decide for people what is for them a value (commodity ekwiwalentość), and what is not?
@ K_R_S: Sora and now I do not have a free choice? I can buy gold and in this form tezauryzować my savings, I can buy stocks artwork. Of course, I can not use the direct settlement but that's understandable. centenarians It is difficult for technical reasons in the grocery store I pay gold or other arbitrarily chosen my currency. This is not allowed because of complicated fiscal accounts, but even if it were legal it hardly begun seller to pay massively centenarians carrots provide opportunities for furniture and freshly stolen copper cables with vodka.
@ Marcinkowski: Of course not. I also do not know that I, like Ford did not know what will be the standards for traffic, released after the first mass market cars. There would pay for the carrot gold, but rather as today, dollar bill, which would represent a value of gold - maybe even banknotes that are no longer printed, since we have a system of payment cards? Few would differ from today's standards responsible
In the original article refers to the situation in the US, but this does not mean that in the case of Polish, any of theses would not find out. As the time came the strange, and at'll kick, where a lot of libertarians, not everyone knows what they are gold, then I wish you pleasant reading.
What the advocates of the gold standard did not speak out loud? He added: DuPont trystero.pl
+14
@ DuPont: in the context of your "linked to" recommend to read again located in the trench subtitle "Do Austrians do not prefer to choose the market?". Great shows that the gold standard, as such, should also be subject to the laws of the market and the market it with something more efficient replace all if this proves to be weak. Just let it be the market, not the law.
@ K_R_S: Sure, of which nothing unregulated chaos will emerge natural selection is the best. Theoretically. As I read it I feel misesistów that Marxism has proposed a more realistic approach to the economy, they at least have the illusion only about human nature and not as to the basic rules of how the world works As for the rest, as usual, is Trystero ideally I swept nothing more nothing less
@ Marcinkowski: note that in the history of unfettered regulations centenarians began to be used as money was gold. Nobody seemed centenarians regulations, just people used it more likely than copper, rubies or papyrus. centenarians
@ K_R_S: Exactly. It's not about the introduction of the gold standard, but the removal of central banks and guaranteed by state fiat money violence. I do not care if the money is palladium, gold, diamonds, or shells. If only the government did not impose anything to me.
@ K_R_S: Not true, the unfettered rules at the beginning of the history of exchangeable cow was trading cost five sacks of grain, price negotiable depending on how much the seller wants to wheat and cow's niezależy centenarians and what are analogous in this respect the interests of the buyer. And this is the 'natural' state of the market. The introduction of fixed-denomination currency based on rare goods, mainly gold, was the first of rotten centenarians compromises that led to the creation of paper money in the end electronics. If the market is expected centenarians to return to the natural centenarians functioning is certainly not by going back to some intermediate steps of the gold standard only by going to the modern barter.
@ Marcinkowski: but just as the full fledged lies this article! For bartering - barter! With that history has shown that people quite quickly come to the correct conclusion that it is better to replace the 5 cows for gold, then gold for the corn, because through this, if we all accept gold (which determines the market), we have a better chance to hit on the goods that we need.
@ Marcinkowski: you do not need, just act. People began to exchange bearer paper, but at any time you could go to the bank and replace the paper back to the gold (that banks szachraiły centenarians it is another centenarians question - a few rallies solve the issue). However, when a government bill stated that from now on your paper is not covered by the gold, but the exchange and share it on, then just abandoned barter.
@ K_R_S: From barter was abandoned at the time when the financial elite told people to imagine that a small, useless piece of metal is equivalent to the cow. From the moment when, in place of concrete centenarians appeared centenarians conventionality, we have to deal with the process that led to the fact that we believe in the commodity equivalence of digits in our account, which differs little from the faith in commodity equivalence gold rings in the purse. centenarians
@ Marcinkowski: even that is gold does not have any value (though it's not true, even today, but it costs something) it's still a system based on free choice centenarians of currency is much better than your digits in the account. Why do you want to decide for people what is for them a value (commodity ekwiwalentość), and what is not?
@ K_R_S: Sora and now I do not have a free choice? I can buy gold and in this form tezauryzować my savings, I can buy stocks artwork. Of course, I can not use the direct settlement but that's understandable. centenarians It is difficult for technical reasons in the grocery store I pay gold or other arbitrarily chosen my currency. This is not allowed because of complicated fiscal accounts, but even if it were legal it hardly begun seller to pay massively centenarians carrots provide opportunities for furniture and freshly stolen copper cables with vodka.
@ Marcinkowski: Of course not. I also do not know that I, like Ford did not know what will be the standards for traffic, released after the first mass market cars. There would pay for the carrot gold, but rather as today, dollar bill, which would represent a value of gold - maybe even banknotes that are no longer printed, since we have a system of payment cards? Few would differ from today's standards responsible
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