arroba Email

George Gilder Goes for Gold

Original Article

This article, published by The Stream, discusses Discovery Institute Senior Fellow George Gilder:

… Gilder says that state “control of money has become a bastion of government economic centralization wreaking havoc on capitalist economies around the globe. By controlling money supplies, central banks and their political sponsors determine who gets money and thus who commands political and economic power.” It’s not only governments that benefit. Trading on floating-money results in “$5.4 trillion [in transactions] every twenty-four hours,” so that “foreign exchange markets are now scores of times larger and even more volatile than the markets for real goods and services they are supposed to measure.”

The rest of the article can be found here.