Gold and Deflation

A question that often comes up in discussing financial preparing is, “what happens to our gold if we get deflation?” The author of this article argues that gold is your best bet, deflation or inflation.

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Upcoming Mises Circle

Tonight is our monthly Mises Circle in Rockford. What is it? We get together at a local cafe to discuss political philosophy (the age old debate between minarchism and anarchism generally dominates that realm), economics, politics, or whatever we’re interested in. We’ve been doing it only since May, but I can’t imagine life without it. I look forward to our monthly debates, I had a blast down at Mises U looking for literature and books that our Mises Circle would like. I think it is a success because we keep it very informal and fun. I don’t spend two hours…

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The Problem of Speaking

There was an article on LewRockwell.com yesterday about the debate over the language spoken in America. I think perhaps it would be helpful to step away from the emotionally-charged controversy and look at it from another perspective. Why don’t we think about immigrants from Poland, from Russia, from Germany, who continue to speak their native language in the same way? Why aren’t we offended when  an elderly person from another country never masters the common language of America? I think this comes into an ever bigger issue/problem we tend to have. I hate to say that it is the “White Man’s Burden”…

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More from Mises U

Today is the last day of Mises University 2010. I’m already making plans for next year. 🙂 Here’s an observation from the week: Something that I love about the Mises Institute is the aesthetic beauty. Yes, the building is a little confusing because of all the additions, stairways, and so forth, but that difficulty is overwhelmed by the beauty of the building. It is not utilitarian in any sense. That is, there are some things that are there just because it makes the place beautiful. Not detail must have an physical utility. The place–inside and out–is gorgeous. The detail that…

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Mises U Report

I had good intentions this week to blog about each day at Mises U. But that didn’t quite happen. To understand why, you have to understand the format of the week. Firstly, I get there as early as possible every morning to chat with friends, study, and such. Class starts at 9am. There are 3 hour long lectures in the morning, with 15 minutes breaks in between, and then an hour break for lunch. Wednesday and Thursday I spent my lunchtime studying with another student for the exam. Then there are 4 more hour long lectures in the afternoon, and…

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