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George Ford Smith

George Ford Smith is a former mainframe and PC programmer and technology instructor and the author of eight books.

George Ford Smith Articles

Why are we using state money instead of market money? Put another way, why can’t we select the money we want to use? Cryptocurrencies are a market alternative, but they haven’t put state money out of business yet. If they ever threaten to...
This will be brief, appropriate to the topic at hand. It consists of a quote from Milton Friedman found in Joseph Salerno’s outstanding book, Money: Sound and Unsound:

A one-ounce gold nugget is rarer than a five-carat diamond.

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