They Don't Hate Gold Because It's Gold. They Hate It Because It's Not Government Money. By Ludwig von Mises
That gold was used as money in the past is merely a historical fact. But the fact that gold was a form of private money, and thus not easily manipulated for government schemes, made it a target of countless intellectual and governmental assaults.
Scott Sumner on Why the Bernanke Fed Was Too Tight By Robert P. Murphy
Scott Sumner explains why interest rates and even monetary aggregates are not good indicators of the stance of monetary policy, whereas NGDP growth is much better.
