Loading ...I am not a fan of Armstrong, but I read him from time to time.
a couple comments
- I liked that he brought up Britain’s Monetary policy as being one of the major causes of the Rev War. This is very seldom mentioned. The King didn’t like the Colonists using their own paper money much either.
- Yes – he is right about fiat and floating exchange rates – in principal. In reality he has to discuss the “Rig”. Because the Rig negates, to the extent of it’s effectiveness, the Floating Exchange Rate.