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The Error of Pricing Goods in Gold

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Manage episode 309301297 series 3030666
Content provided by The Blue Collar Economist and Robert A. McKeown. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Blue Collar Economist and Robert A. McKeown or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Terms matter. There is a false understanding as to how gold and silver commodity prices reflect values of current goods and services. Let us see how it is erroneous to simply use commodity prices as reflections of consumer prices in currency terms. https://thebluecollareconomist.com/2014/10/08/the-error-of-pricing-goods-in-gold/
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40 episodes

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Manage episode 309301297 series 3030666
Content provided by The Blue Collar Economist and Robert A. McKeown. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Blue Collar Economist and Robert A. McKeown or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Terms matter. There is a false understanding as to how gold and silver commodity prices reflect values of current goods and services. Let us see how it is erroneous to simply use commodity prices as reflections of consumer prices in currency terms. https://thebluecollareconomist.com/2014/10/08/the-error-of-pricing-goods-in-gold/
  continue reading

40 episodes

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