Economics and Entrepreneurship Are Not the Same

From: Odessa Munroe

Sent: Sunday, July 19, 2020 3:00 PM

To: Walter Block <[email protected]>; Victor Pross <[email protected]>

Subject: Hello from Odessa

HI Walter!

Since you are a famous economist and know Canada… With the money change coming up in the US and all of the drama there ….Am I correct that I should get out of the dollar and continue to buy gold?

Any quick thoughts? I want to protect my family…

Odessa

Dear Odessa:

Thanks for your kind words.

Economists predict the future to demonstrate we have a sense of humor. If we knew which investments were best, we’d be rich. We’re not rich. We’re more into Monday morning quarterbacking.

Sorry, not to be able to help you with this entrepreneurial, not economic, question.

Best regards,

Walter

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3:45 am on September 23, 2020