Thursday, September 30, 2010

Why is Gold at $1300? ... Money in One Lesson

Bob Murphy, a brilliant Austrian economist, has a great article highlighting the fundamentals of what money is and has been throughout history without government intervention.  This is relevant to today's price of gold which recently topped $1300 earlier this week. 

Why is this important?  Because the value of the dollar continues to erode as people around the world are waking up to reality of the fiat-money empire. 

Please read and share with others.

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