Sunday, March 15, 2009

Sunday Best - Mar 15th 2009

1) All-time best: The Compound Interest Paradox by FSK
A brief explanation of why a central bank fiat monetary system is unsustainable.

2) Best news-related: Further Adventures in the Quantum Wrongness Field, Economic Crisis Edition by Glen Allport
Short and comprehensible overview of why the current political prescriptions for overcoming the recession will not work and, in fact, be a great burden for generations to come.

3) Best discussion: 100% Reserve Gold Standard Banking and Loans on the Mises Institute boards
Thoughts on how a non-fractional reserve banking system might work out.

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