Will Gold Make Higher Highs From Here?
So this is what happens when you don't have a free market for money. A committee of men and women whose interests may be more aligned with the banks than yours get to set the price of money and make a hash of everyone's careful long-term planning. How is it theoretically consistent, as my friend Gary North asks, to have central planning for money in a free market system? Uncertainty...chaos...bad decision making. This is what makes individual planning so hard in a world with fiat money. The s