Inflation and the value of gold explained

posted by
March 2, 2011
Ludwig von Mises Institute
by Rod Rojas  
Posted in Commentary

"As the story goes, someone asked an economist how his wife was doing, and the economist answered 'compared to what?' Joking aside, this is one of the most important questions one can ask when dealing with many economic problems. In recent times, with gold reaching all-time highs, we have seen people question the valuation of assets in dollars." (03/02/11)  

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