The People's Economy

The separation of economy and state.

Showing posts with label paper currency. Show all posts
Showing posts with label paper currency. Show all posts

Wednesday, January 9, 2013

The Changing Values of Paper Currencies

In the past year the value of the Australian Dollar measured in gold is unchanged.
In the past year the value of the Japanese Yen measured in gold has declined 17%.

Which do you think is volatile, the value of the currency or the value of the metal?

Posted by Unknown at 6:35 PM No comments:
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Labels: credit money, fiat money, gold, paper currency
Older Posts Home
Subscribe to: Posts (Atom)

Search This Blog

Popular Posts

  • Humpday Humor: Defending The Heartland
  • Is Minimum Wage Legislation Moral?
  • What We Knew About the NSA Before Snowden
  • "They Hate Democracy" so said Bill Clinton
  • The Destruction of Nagasaki, For What?
  • A $25 Minimum Wage?
  • Women in America are Doing Quite Well
  • The Censored Presidential Debate
  • New York City's Slow Turning Wheels of Justice
  • Activist Post: Quotes
  • C-SPAN Video Library
  • C4SIF
  • CBC - Guns in the U.S.
  • Cafe Hayek
  • CounterPunch
  • Detroit: From Rust to Riches
  • Federation of American Scientists
  • Global Research
  • Lew Rockwell
  • Mark's Daily Apple
  • Mises Institute
  • Of Two Minds
  • Reason
  • Scott Horton Show
  • The Burning Platform
  • The Corbett Report
  • The Independent Institute
  • Unplugged Mom Radio
  • Where Are The Nukes?
Simple theme. Powered by Blogger.