Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard, on the other hand, said as long as gold is money and there is no fiduciary media, such a scenario was not possible.
You May Also Like
Tech News
Image: Scout Motors The VW-backed company is following in the footsteps of Tesla and Rivian by selling directly to customers without a dealership. Continue...
Tech News
Illustration by Alex Castro / The Verge Peacock’s multiview feature isn’t just for sports — it’s also good for tracking the action on election...
Tech News
Illustrations by Alex Castro / The Verge Governments face a deadline in early 2025 to update their national climate plans, 10 years after the...
Editor's Pick
The Halloween effect caught up with the stock market! October 31 ended up being a spooky day for investors. Tepid earnings from big tech...