LM#7--The Golden Yardstick
In this Liberty 🗽 Minute, let's examine money and inflation.
And to do so, let us turn to our book of the day, Inflation:Â What It is, Why It's Bad, and How to Fix It by Steve Forbes, Nathan Lewis and Elizabeth Ames.
Key Points from the Episode:
- Why are we poorer in the last 50 years?
- Sound money requires a sound measuring instrument, like a ruler, a scale or yardstick.
- A return to the gold standard would conquer inflation and return the U.S. to the most trusted reserve currency in the world--and that is a big thing!
Other resources:
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