Tuesday, June 15, 2010

Gold Standard And Entrepreneurship.

Once the commodity money (one that cannot be corrupted by the ego-driven, like gold for example) is selected by the market the stock of money is a non-issue. All prices are relative and so they simply adjust in an unhampered free market economy. If there are prices that do not adjust quick enough to meet the needs of the people then an entrepreneur will alertly find a way to bring about a remedy to that situation.

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