Wowsers. Full-on Murray Rothbard. Private money.
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Thus Confirming Everything I Thought about Both The Independent Institute and Judy Shelton
Menzie Chinn | Professor of Public Affairs and Economics, Robert M. La Follette School of Public Affairs, University of Wisconsin–Madison, co-editor of the Journal of International Money and Finance, and a Research Associate of the National Bureau of Economic Research International Finance and Macroeconomics
Full-on Murray Rothbard. Private money. Tom Hickey
ReplyDeleteThe Austrians don't really believe in private money but that governments be forced to accept their favorite shiny metals as or to back fiat. That or that precious metals be exempt from all taxes, including capital gains.
It's funny but I've never heard an Austrian in favor of common stock as a private money form but then again common stock SHARES wealth and power, not concentrates them.