Gold Standard Institute's blog
Theory of Interest and Prices in Paper Currency Part II (Mechanics)
Submitted by Gold Standard Institute on 05/15/2013 23:47 -0500In this part, we discuss stocks vs. flows, how prices are formed in a market, a broad concept of arbitrage, spreads, and how money comes into and goes out of existence.
Theory of Interest and Prices in Paper Currency Part I (Linearity)
Submitted by Gold Standard Institute on 04/24/2013 01:21 -0500How does it really work under irredeemable paper? It's more complicated than under gold.
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