Gold, Money, and the Nation-State

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03/13/2025 Ryan McMaken Jonathan Newman

Ryan McMaken and economist Jonathan Newman look at the government’s alleged $750 billion gold reserve, how it got there, and why it’s time to privatize the gold.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.