The impossibility of economic calculation in a fiat world

The impossibility of economic calculation in a fiat world
They are the unconscious victims of devaluation as indeed are small businesses, but at least in the short-term the central planners manipulating fiat money congratulate themselves that jobs have been saved. The cost comes later, as consumers – who in …
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Debunking Credit Suisse & Goldman Sachs's Bear Thesis On Gold
Both the US and Japan have virtually un-payable levels of national debt which has made global central banks increasingly wary of using the US dollar, the Yen, and all fiat currencies in general as reserve currencies. In the midst of the currency wars …
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