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Tag: #History of money

What if We Go Back to the Gold Standard?

What would happen if the world went back to the gold standard and actually backed their currencies with something of value? First, let’s examine how the gold standard came to be and how it came to be overthrown. Then we’ll discuss the why and how of a new gold standard.

Kenny Fowler Census Article, History of Money, How Money Works June 16, 2020June 16, 2020 5 Minutes

Let There Be Money – Part 1

Jar of coins

We are used to money being issued and controlled by the state – but if we look at its history we see that money originates from the free market. Without money, a reasonable division of labor would not be possible.

Austrian Economics, Census Article, Economics, Finance, History of Money, How Money Works April 28, 2020May 27, 2020 3 Minutes

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