October 12, 2012 § Leave a comment
The Huffington Post published an October 8, 2012 article by Bonnie Kavoussi entitled “11 Lies About the Federal Reserve,” to which Mises Institute associate Tom Woods followed up with a rebuttal entitled “HuffPo’s 11 Myths About the Fed, Refuted.”
For those who are aware of the Hegelian dialectic of thesis-antithesis-synthesis, the Huffington Post is putting out the thesis in opposing a government-guaranteed gold standard and Tom Woods is putting out the antithesis of defending a government-guaranteed gold standard, and the synthesis that is presented by Tom Woods in his other works is that of a so-called free market gold standard of competing currencies.
For more on why a so-called free market gold standard is a false solution, see my article, Gary North’s free market gold standard is also a fool’s gold standard.
Whether Tom Woods realizes it or not, he has played right into the…
View original post 51 more words