tag:blogger.com,1999:blog-2132506648412240909.post337845155065083526..comments2023-06-19T06:21:32.114-05:00Comments on Who Moved My Liberty?: Money is a Social InstitutionProf Jhttp://www.blogger.com/profile/16539902592080231165noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2132506648412240909.post-40466115325678664162011-02-11T09:01:15.202-06:002011-02-11T09:01:15.202-06:00Yeah, I just saw that. I haven't been reading ...Yeah, I just saw that. I haven't been reading the papers much recently. <br /><br />In a world where the US dollar is under increasing distrust, gold may return (albeit slowly and by fits and starts) to a reserve status.<br /><br />I don't think it is the solution that we actually want to government interference in monetary affairs, however. It is not the source of stability.Prof Jhttps://www.blogger.com/profile/16539902592080231165noreply@blogger.comtag:blogger.com,1999:blog-2132506648412240909.post-12437215635333051782011-02-10T19:02:34.561-06:002011-02-10T19:02:34.561-06:00I was thinking about this post of yours today as I...I was thinking about this post of yours today as I read the WSJ (Monday's edition). I read where JP Morgan Chase will begin accepting gold as collateral. Gold is seeing its prominence rise. Is the yellow metal on a long road to becoming a currency again? Time will tell.Brad Dhttps://www.blogger.com/profile/03950312793230274562noreply@blogger.comtag:blogger.com,1999:blog-2132506648412240909.post-34671482300367199912011-02-09T20:20:36.299-06:002011-02-09T20:20:36.299-06:00That sucks for SU. He was indeed a very good leade...That sucks for SU. He was indeed a very good leader.<br /><br />I only had the privilege of two DCP groups. Yours was my second.Prof Jhttps://www.blogger.com/profile/16539902592080231165noreply@blogger.comtag:blogger.com,1999:blog-2132506648412240909.post-90661721741771339492011-02-09T14:16:45.212-06:002011-02-09T14:16:45.212-06:00Jeff,
I just learned that COL Dave Berg is retiri...Jeff,<br /><br />I just learned that COL Dave Berg is retiring from his position at Syracuse. This group of DCP'ers (2011) will be his last. <br /><br />The man was often a pain in the ass, but as for those who have more insight, knowledge, and respect within the FM Army community - there are none. His shoes are unfillable.<br /><br />How many DCP groups did you teach?Brad Dhttps://www.blogger.com/profile/03950312793230274562noreply@blogger.comtag:blogger.com,1999:blog-2132506648412240909.post-8133159946156516352011-02-06T07:45:23.636-06:002011-02-06T07:45:23.636-06:00I would be interesting to go back and see the indi...I would be interesting to go back and see the individual's response when Nixon closed the gold window for the final time in '71. <br /><br />My hunch is that, after using convertible paper money for a while, people wouldn't notice or even be aware of asset-backing. It takes a crisis to bring these issues to the fore again, even though many economists have been working on this stuff for a long time.Prof Jhttps://www.blogger.com/profile/16539902592080231165noreply@blogger.comtag:blogger.com,1999:blog-2132506648412240909.post-20193264326513295802011-02-05T19:04:06.371-06:002011-02-05T19:04:06.371-06:00On a gold currency: Would we care that our currenc...On a gold currency: Would we care that our currency is backed by gold? When we left in the gold standard, did most people view this as a positive event, negative, or did most people even notice?<br /><br />I suppose we might care in that the federal reserve can't manipulate the currency as easily (if at all), resulting in the debasement of our money.Brad Dhttps://www.blogger.com/profile/03950312793230274562noreply@blogger.com