Articles related to Paper money
 
Thorsten Polleit
November 15, 1923: The End of German Hyperinflation 
On 15 November 1923 decisive steps were taken to end the nightmare of hyperinflation in the Weimar Republic: TheReichsbank, the German central bank, stopped monetizing government debt, and a new means of exchange, theRentenmark, was issued next to thePapermark (in German:Papiermark). These measures succeeded in halting hyperinflation, but the purchasing power of thePapermark was completely ruined.
Wednesday, November 15, 2017
Phoenix Capital - Gains Pains & Capital
The Whiskey Rebellion: How Brand New America Tore Up The Bill of Rights
Via The Daily Bell 223 years ago today, “The Dreadful Night” occurred in Western Pennsylvania, after an uprising called The Whiskey Rebellion. The United States was brand new. Soldiers who had fought for independence from Great Britain found themselves on opposite sides of a skirmish. Some were having their rights violated practically before the ink was dry on the Bill of Rights. Other Veterans of the Revolution were doing the oppressing at Alexander Hamilton’s behest. The Whiskey Rebellion saw
Tuesday, November 14, 2017
Hugo Salinas Price - Plata.com.mx
  On the use of gold coins as money 
Why don’t humans use gold coins as Money ? The answer is quite simple : because they don’t want to, under present circumstances. The attachment of humans to gold is remarkable; I suspect there is something metaphysical about gold that attracts human beings. Perhaps gold is part of the natural order of things, part of the Rerum Natura, and the relationship of humans to gold is “built-in”into human nature, like sexual attraction.
Thursday, November 2, 2017
Andy Hoffman - Miles Franklin
Digging Up An Old Story.. Part II
It is the closing of October and the Hollow’s Eve celebrations are in their waning hours. It is in this era of time in which we continue the diggings up of the thesis of Bram Stoker’s Dracula and if the story of the blood sucking vampire was that of a banker. Imo, Bram would have truly been a member of our community, a group that has complete and full trust in Silver and Gold and not the power of print. I finally got my purchase of “Famous Impostors” written by Bram Stoker back in 1910. The book
Wednesday, November 1, 2017
Jason Hommel - Silverstockreport
  Halloween is Bible Prophecy! 
The resurrection is everything! If God can bring the dead back to life, how much more easily can he heal broken hearts, and raise the spiritually dead back into communion with Him? Even my little boy Jude, age 3, has told me that he can pray to God, who he knows is his Father in heaven, who can help him not be sad anymore! Before you react in knee-jerk fashion, and accuse me without cause, and without reading, and claim that "Halloween is Pagan" (Pagan meaning gentile, or "of the nations", or heathen, polytheistic, non religious, or uncivilized), please read all of the following research, which I have conducted into this topic over 11 years.
Tuesday, October 31, 2017
Hugo Salinas Price - Plata.com
  Anecdotes and Reminiscences How unbacked fiat money corrupts society 
A well-known story from yesteryear: when Venustiano Carranza was President of Mexico (1917-1920). Carranza issued a great quantity of worthless paper money, which caused much resentment on the part of the population. Someone (whose identity was never discovered) printed up some papers, and these were pasted one night on the walls of buildings in the heart of Mexico City; the papers had the following text: “The Mexican eagle is a very cruel animal: It eats only silver, and shits only paper.” Pres
Tuesday, October 31, 2017
Andy Hoffman - Miles Franklin
Gold, Biker Wisdom and Dollar Devaluation
A common expression among bikers who love to ride is, “It’s not the destination, it’s the journey.” TS Elliott and others made similar statements nearly a century ago. How Does This Apply to Gold and Dollar Devaluation? Some adults understand: Voltaire said over 200 years ago, “Paper money eventually returns to its intrinsic value – zero.” The value of the U.S. dollar has declined from about 1/40 of an ounce of gold to its current level of about 1/1300 ounce of gold since 1971. Because central
Monday, October 30, 2017
Jesse - Le Cafe Américain
Stocks and Precious Metals Charts -
“Like a snake eating its own tail, the equity market cannot rely on share buybacks indefinitely to nourish the illusion of growth." Chris Cole, Artemis Capital "Of course big bank stocks are 'overvalued' in terms of earnings or revenues, but do such measures really matter in a world without value?   When you have global central banks gunning all asset prices in a desperate effort to avoid a sovereign debt default starting in Japan and then Europe, pedestrian metrics like price/earnings ratios
Monday, October 30, 2017
Lysander Spooner
  Gold and Silver as Standards of Value 
All the usurpation, and tyranny, and extortion, and robbery, and fraud, that are involved in the monopoly of money are practised, and attempted to be justified, under the pretence of maintaining the standard of value. This pretence is intrinsically a false one throughout. And the whole motive for it is to afford some color of justification for such a monopoly of money as will enable the few holders of gold and silver coins (or of such other money as may be specially licensed and substituted for them) to extort, in exchange for them, more of other men’s property than the coins (or their substitutes) are naturally and truly worth. That such is the fact, it is the purpose of this article to prove.
Tuesday, October 24, 2017
Mark O'Byrne - gold.ie
Key Charts: Gold is Cheap and US Recession May Be Closer Than Think
Every year, Ronald-Peter Stoeferle and Mark J Valek of investment and asset management company Incrementum put together the report In Gold We Trust – 160-plus pages of charts and thoughts, mostly gold-related, on the state of the world’s finances. There’s so much to look at and consider. It’s a sort of digital equivalent of a coffee-table book. Yesterday I got an email from them, containing a “best of” – a compendium of some of the best charts from this year’s report. I thought in today’s Money
Saturday, October 21, 2017
Egon von Greyerz - Matterhorn AM
  A WORLD OF LIES BUT GOLD WILL REVEAL THE TRUTH
The dollar is dead but the world doesn’t know it. It has been a slow death and the final stages will be very painful for the US and for the rest of the world. The US empire is finished financially and militarily. Nixon was convicted for the wrong crime It all started with the establishment of the Fed in 1913 and escalated with Nixon. For anyone old enough to still remember him, they will think about the Watergate scandal. This was corruption and bribery at the highest level in the Nixon administ
Friday, October 20, 2017
Adrian Ash - Bullion Vault
LBMA 2017: Spain, Silver and 'Lower Forever'
Precious metals history and macro-outlook from LBMA conference... LITTLE so far on precious metals prices or supply and demand at LBMA 2017 here in Barcelona, writes Adrian Ash at BullionVault. Not directly at least. But the market itself cares little about price direction. The refiners, carriers, vaulters, dealers, brokers and bankers meeting at the London Bullion Market Association's annual conference focus instead on volumes, margin and – most of all – get
Monday, October 16, 2017
Antal E. Fekete - Gold University
The Supply of Oxen at the IMF
.
Friday, October 6, 2017
Nathan Lewis - New World Economics
  Gold Is 'Money' Because It Is Plentiful, Not Because It Is Scarce 
Gold, and its brother silver, have always been the basis of money, back to the beginnings of “money,” in the late fourth millennium B.C. Already by 2000 B.C., gold and silver had been “money” for over a thousand years–the entire history of “civilization” on this planet. Gold was still the basis of money in the 1960s, in an unbroken line stretching back to the beginnings of history. One somewhat counterintuitive requirement for “money” is that it does not have a utilitarian purpose; at least, no
Monday, October 2, 2017
Egon von Greyerz - Matterhorn AM
WAKE UP AMERICA – THE DOLLAR IS GOING TO ZERO
For news to be read and understood by a great number of people, it must be simple, sensational and forgettable. Most individuals are not interested in “heavy” news or complicated issues. Just compare television and newspapers today to say 50 years ago. At that time, newspapers had very few pictures but instead covered serious matters with in depth analysis. Same with television. In the 1960s there was serious news and many programmes which raised important issues in society or politics, which ma
Monday, October 2, 2017
Alasdair Macleod - Finance and Eco.
The fiat money quantity (FMQ) 
Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This is
Saturday, September 30, 2017
Mac Slavo - ShtfPlan
  Governments Begin Testing Cryptocurrencies As Cash Use Plummets
Riksbank, Sweden’s central bank, is taking a serious look at Bitcoin. As cash use plummets and the amount of currency in circulation dwindles, central banks are looking to cryptocurrencies as government-backed money. In Sweden, the number of banknotes and coins in circulation has fallen to its lowest level in three decades. Riksbank estimates that cash transactions made up only 15 percent of all retail transactions last year. That number is down from 40 percent in 2010, thanks in large part to m
Tuesday, September 26, 2017
James Turk - fgmr
Sept 24, 1869 : How Jim Fisk and Jay Gould profited handsomely from a massive short squeeze in Gold 
In 1869, Jim Fisk and Jay Gould tried to corner the gold market, and for a time, this notorious duo succeeded. It is a fascinating story that is relevant to what is happening in the gold market today.
Sunday, September 24, 2017
Frank Shostak
  What Is the Correct Amount of Money?
Most economists believe that a growing economy requires a growing money stock, on the grounds that growth gives rise to a greater demand for money, which must be accommodated. Failing to do so, it is maintained, will lead to a decline in the prices of goods and services, which in turn will destabilize the economy and lead to an economic recession or, even worse, depression.Since growth in money supply is of such importance, it is not surprising that economists are continuously searching for the
Wednesday, September 20, 2017
Jesse - Le Cafe Américain
Stocks and Precious Metals Charts -
"The conventional wisdom seems to be that the problems of the euro zone are, as economist Martin Feldstein once put it, 'the inevitable consequence of imposing a single currency on a very heterogeneous group of countries.' What this commentary gets wrong, however, is that single currencies are never the product of debates about optimal economic solutions. Instead, currencies like the U.S. dollar itself are the result of political battles, where motivated actors try to centralize power.  This h
Tuesday, September 19, 2017
12345678910...