Academic

A UNIQUE FORM OF ?TERRORISM:? ?What we do suggest is that the contrast between the Fed and von NotH?

By Glenn Reynolds

A UNIQUE FORM OF “TERRORISM:” “What we do suggest is that the contrast between the Fed and von NotHaus is an example of how the scandal is not in what?s illegal but in what?s legal. When Mr. Goldstein interviewed Mr. von NotHaus in 2007, he had recently been selling a one-ounce silver coin for $20, which at the time was, Mr. Goldstein noted, several dollars above the spot price of silver. It was also at the start of a rapid collapse in the value of Federal Reserve Notes, which has plunged to the point where today a dollar is worth less than a 30th of an ounce of silver. So who is the injured party ? the individual who acquired a one-ounce Liberty silver coin for $20 or the individual who kept his wad of twenty one-dollar Federal Reserve Notes?”

Full post as published by Instapundit.com on March 23, 2011 (boomark / email).