Gold Standard And Sound Money–Videos

Posted on December 5, 2009. Filed under: Blogroll, Communications, Economics, Fiscal Policy, government spending, Law, liberty, Life, Links, Monetary Policy, People, Philosophy, Politics, Psychology, Taxes, Video, Wisdom | Tags: , , , , , , |


Ludwig von Mises

“Sound money still means today what it meant in the nineteenth century: the gold standard.”

The Theory of Money and Credit, page 490 


“The gold standard has one tremendous virtue: the quantity of the money supply, under the gold standard, is independent of the policies of governments and political parties. This is its advantage. It is a form of protection against spendthrift governments.”

Economic Policy, page 65 


Monetary Lessons from America’s Past

The Gold Dollar

Milton Friedman on The Gold Standard

Gold and the Good Guys

The Gold Standard Before the Civil War

The Gilded Age and the Gold Standard

The Costs of a Gold Standard


Entrepreneurship Under the Gold Standard

The Gold Standard

Gold, Peace, and Prosperity [Part 1]

Gold, Peace, and Prosperity [Part 2]

The Founding of the Federal Reserve


Why the Meltdown Should Have Surprised No One

Ending the Monetary Fiasco and Returning to Sound Money

Ludwig von Mises

“Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.”

On the Manipulation of Money and Credit, page 48

“Every nation, whether rich or poor, powerful or feeble, can at any hour once again adopt the gold standard.”

Omnipotent Government, page 252



Background Articles and Videos

The Shrinking Value of the Dollar

The CPI inflation calculator uses the average Consumer Price Index for a given calendar year. This data represents changes in prices of all goods and services purchased for consumption by urban households. This index value has been calculated every year since 1913. For the current year, the latest monthly index value is used. In 2008, for example, it took $21.57 to buy what $1 bought in 1913. Note that in 1920, it cost $2.02, and declined in 1925 and through the 1930s, illustrating the effect of the Great Depression, when prices slumped. Prices did not pass $2 again until 1950.

Year Amount it took to
equal $1 in 1913
1913 $1.00
1920 2.02
1925 1.77
1930 1.69
1935 1.38
1940 1.41
1945 $1.82
1950 2.43
1955 2.71
1960 2.99
1965 3.18
1970 3.92
1975 $5.43
1980 8.32
1985 10.87
1990 13.20
1995 15.39
2000 17.39
2001 $17.89
2002 18.17
2003 18.59
2004 19.08
2005 19.73
2006 20.18
2007 20.94
2008 21.57
Source: Bureau of Labor Statistics. Web: .

Sound Money vs. Fiat Money -Bob Chapman on Economics 101


Austrian Monetary Economics

FDR Ends Gold Standard in 1933

Nixon Ends Bretton Woods International Monetary System

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