Gold Investment

With great happiness I read the most recent Mises Institute e-mail notification about their newest product, the Mises Money Clip. I have almost all their products — received for various gifts and presents, or purchased by myself. I love their ties, their books (I have them all, thanks Jess!), all their T-shirts which I wear daily, and other neat stuff.

So just as I was about to order my Mises Money Clip, I realized there is a big problem with it — it doesn’t work. I know, because I have other “money” clips and they all fail to work, too.

Why is this? Because no money clip will properly hold my money — bullion. I’ve tried them all, but they barely hold one coin of real money.

It is so often that we forget some of our most basic premises for freedom, and one such time is when we call fiat dollars “money” when they are in fact nothing but paper promises backed by promises of coercion and war. Is it time that libertarians and anarcho-capitalists stop calling a dollar “money” and instead call the dollar what it is — broken promises.

Maybe the Mises Institute should change the product name to “Broken Promises Clip.”

Until then, I return to my “money clip” — the bullion sack:

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