Thursday, August 20, 2015

The 21st Century Case for FREEGOLD

George Gilders new eBook at the American Principles Project is without question one of the most compelling cases for FREEGOLD ever written.

Though he does not seem familiar with the concept intrinsically, he has arrived at the proper destination by way of an "information theory" path.

We have often spoken about the importance of "time" as it relates to economic function, and Gilder's work explores the relentlessness of entropy in this regard.

You will read about bitcoin, bitgold and the future of crypto-currencies as they emulate a sort of "gold standard". Yes, as the currencies burn, their digital rebirth may well rise up as a new foundation, but again the "genius" of gold is as empirically a function of time as the common sense of the old adage: "Time is Money".

This is a must read. Anyone who has explored A, FOA and FOFOA will see this, I think, as a logical bridge to thoughts (hopefully) informing the next system.

4 comments:

  1. Thank you for letting us know about this book. Very interesting read.

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  2. Thanks for this. A compelling read!!!

    ReplyDelete