Robert P. Murphy (@bobmurphyecon) 's Twitter Profile
Robert P. Murphy

@bobmurphyecon

Christian, economist, & theorist of nonviolent mechanisms. Chief Economist @infineogroup, S Fellow Mises Institute. Author of *Choice*. BobMurphyShow.com

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linkhttp://consultingbyrpm.com calendar_today12-10-2011 02:20:33

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It never ceases to amaze me that the "hey, we actually look at the real world, not our armchair logic" MMTers simply ignore the fact that the US dollar was originally specific weights of gold or silver.

It never ceases to amaze me that the "hey, we actually look at the real world, not our armchair logic" MMTers simply ignore the fact that the US dollar was originally specific weights of gold or silver.