EVERYTHING YOU NEED TO KNOW ABOUT GOLD AND SILVER by Louis E. -- Ed. Carabini

EVERYTHING YOU NEED TO KNOW ABOUT GOLD AND SILVER

By
Email this review

KIRKUS REVIEW

Silver and gold coins as a hedge against impending inflation cum depression? Swiss bank accounts? Conversion of dollars into foreign currencies? Where have we heard all this before. . . ? But of course! Carabini, president of the Pacific Coast Coin Exchange, is a ""close friend and associate"" of Harry Browne himself. In fact, Browne was head of marketing for PCCE back in '70 (the year he published How You Can Profit from the Coming Devaluation). This collection of hair-raising doom-sayers includes pieces by memebers of the ""Austrian School"" of economics -- compatible with the advice Browne (""self-educated"") gives during those $2500 four-hour consultations (inflated from his $1750 fee of only last year). What it's all about is the necessity for an Ayn-Randish laissez-faire conservativism based on a gold standard. Otherwise our government policies of deficit spending, bank credit expansion, wage and price controls, etc., will inaugurate a monetary crisis that will make the inflationary periods of the Roman Empire, the French Revolution, pre-Nazi Germany, look like the gay old days. As all free-lunchers know by now, entrepreneurship is nothing but the art of capitalizing on other people's problems. And Carabini is right out in front of the panicked herd with his sacks of gold and silver, and Browne on his side.

Pub Date: Nov. 30th, 1974
Publisher: Arlington House