Reply To: Q and A Session


Thank you very much for your informative answer.
If I hold gold because I believe the future is uncertain and that the dollar’s purchasing power is going to decrease am I being entrepreneurial?
Is the answer the same if I hold dollars because I believe their value will rise?

I don’t understand why Rothbard denies that money holding is savings, am I not sacrificing the present subjective value of something like a cruise?