Tuesday No, this is probably not going to go where you think. I covered what money is in Dawn of Gold; this is about something else. In this instance, the two different types of money referred to are accumulations and income. Income refers to the money that comes in from either your investments or your work. It’s also known as cash flow. Never live … [Read more...]
Monetary Metals
Tuesday The subject of a Gold Standard is in the media again. Note that I use the indefinite article. There is more than one interpretation of what a Gold Standard is. But still, it is being discussed, if mostly to the guffaws of the evangelical Keynesians - those same mainstream economists who have, unrepentantly, led the world’s economies to the … [Read more...]