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>Copernicus, Galileo and Gold. Part II  - Hugo Salinas Price - Plata.com
"The science of Economics cannot develop and cannot possibly be of use to humanity, unless it takes as its starting point the fact that gold is money and the center of the economic universe."

This is no more fact than is the statement that Mickey Mouse is God incarnate. Utter pygmy twaddle!!!

HSP is out of his flippin' mind. He has ignored thousands of years of history with its myriad examples of failed commodity currencies. How bloody stupid does he think we are? Bloody twits like HSP really piss me off, passing off his idiotic BELIEF as proven fact. He should be flogged. And I say that only because I do not believe in capital punishment.

It has hardly ever been about what was used to represent money that wrecked the currency. It has almost always been about how governments wreck the currency by spending more than they take in. And on those few occasions when it has not been so, the currency was wrecked because the commodity upon which the value of the money was based experienced a major fluctuation in value. You may not like the facts, but they are what they are and no amount of blind belief will change them. So deal with it.

Think i'm crazy? Then answer the question: why has every attempt to use gold to represent money ended in failure?


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Début de l'article :The development of Economics and the development of Astronomy share interesting parallels. Aristarchus of Samos – the Greek island that produced Pythagoras – was born in 310 B.C. Aristarchus set Astronomy on the path that would have led to its correct development by postulating the Sun as the center of the Universe, with the Earth revolving around the Sun while revolving around its own axis; he also set the planets in the correct order of their distance from the Sun. Unfortunately, the preconcei... Lire la suite
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