Rampant inflation and destruction of money will continue for years to come

History is a funny thing, almost as funny as human nature. Markets, including their latest “temporary inflation” meme, are no exception to this psychological tragicomedy. Temporary hope, timeless lies Towards the end of 1864, for example, as Union forces under General Grant approached Richmond at the end of a long and grueling civil war in … Read moreRampant inflation and destruction of money will continue for years to come

The gold standard against money printing

Some economists argue that a monetary system based on the gold standard will not be stable enough, since in this case gold mining companies, and not central banks, will control the money supply (gold). As a result, prices will fluctuate constantly, and this will influence the discovery of new gold deposits. That is why, according … Read moreThe gold standard against money printing