Monthly Archives: January 2009

Busy Reading

January 29, 2009
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Currently reading bits and pieces of Böhm-Bawerk’s Capital and Interest, The Distributist Review and sporadically, Marx’s Kapital. No stone unturned, as the saying goes… Busy busy… a few cross-country trips for work, and trying to hit the slopes occasionally and plan my mid-winter ski-trip, along with reading the above items my RSS reader is out of control and my “homepage” is a growing list of compelling articles and blog posts I wanted to comment...

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New Hampshire Gold Bill

January 29, 2009
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Steve Gresh posted a link on facebook. The legislature in NH wants to permit the use of gold/silver coins. Let’s see them permit the use without subjecting their constituents to usurious capital gains taxes! Under the proposed legislation, those citizens of New Hampshire who prefer to use irredeemable Federal Reserve Notes and base-metallic coinage may continue to do so. But they will make this choice intelligently, knowing of their option to use silver and...

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The Bizarro World of Banking

January 27, 2009
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Q: Under what circumstances is it a “problem” when the people who have given you their property for safekeeping demand the immediate return of their property? A: It is a problem if and only if the safekeeper has neglected his duty to his customers, and made use or otherwise disposed of their property for his own private gain. Welcome to the Bizarro World of modern banking. We faced the very real problem of how...

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