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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (57037)	8/5/2000 9:00:06 PM
From: d:oug	Read Replies (1) \| Respond to of 116972

Alex, Thanks for the url to libertyhaven.com and a quick look on its home page shows that it is very well organized. At present I have no idea the types of article present here except for the one you posted about, being as follows. Note: My browser had problems going to the page directly so I include the url chopped off for pages prior. libertyhaven.com /regulationandpropertyrights /bankingmoneyorfinance /goldstandard /moneygold.shtml libertyhaven.com libertyhaven.com libertyhaven.com libertyhaven.com libertyhaven.com Interesting that a page takes you to different nations. libertyhaven.com At present I have not yet read any article here, and don't know how recent or time independent any are. (example) Russia •Economics of Russian Crime •A Letter from Russia •Mafia Capitalism or Red Legacy? •The Search for a Souvenir Spoon •Letters from Russia •A World Split Apart A quick mention about the url that you posted, a short excert follows. "... in criticizing the policy of neutralizing its effect on bank reserves. For under a genuine, Currency School-type gold standard, a country's money supply would increase by exactly the amount of the gold inflow from abroad. This is not inflationary and represents precisely the proper amount by which the money supply should expand, because it is the outcome of the deliberate actions of the country's residents who are decreasing their purchases of foreign imports and increasing their sales of exports in order to satisfy their desires for greater money holdings. This balance-of-payments mechanism is a natural part of the market economy and works continually on all levels-including the region, state, town, and even household-to efficiently adapt money supply to relative changes in money demand. A problem arises, however, when these....." Copyright © 2000 by The LibertyHaven Foundation