Marginal Revolution har en lille kommentar til Mises og Hayek. Derudover — og noget mere fyldestgørende? — har forex-bloggen fxstreet en klumme/blogpost om inflation, guld og regeringsindblandning. Et lille udpluk fra det sidste:
Monetary inflation always leads to rising prices, which is a symptom, not a cause. There can be a percentage of any commodity price attributed to geopolitical tensions or supply issues, but values are magnified by price increases due to monetary inflation. Historically, gold backed currencies prevented rapid expansion of fiat currency, thereby creating price stability. Removal of gold-backed currencies after August 1971 allowed governments to lose any sort of moral hazard and make promises to be rewarded with the stroke of a key. John Maynard Keynes was a British economist in the early to near mid 20th century who advocated interventionist government policy by using fiscal stimulus and monetary measures to mitigate the ills of economic booms and busts. His policies became engrained in global government ideology to literally make promises for nothing; the latter portion of this sentence is not entirely true, because the promises are paid for at a later date with inflation.
