Articles related to Paper money
 
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.
Wednesday, November 6, 2019
Gold coins - Goldmoney
Gold coins: The Mexican Libertad
Mexico´s Libertad (Freedom) has been minted by the Mexican Mint “Casa de Moneda de Mexico” since 1981. After the South African Krugerrand and the Canadian Maple Leaf, the Mexican Libertad was the third modern bullion coin on sale at world markets. The gold coin, which is also known as “Onza”, is now one of the world’s top-selling coins. From 1981 to 1991 the Libertad had a purity of 90% (.900). As of 1991 the Mexican Mint increased the purity to 99.9 percent (.999).
Thursday, October 24, 2019
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.
Friday, October 11, 2019
Antal E. Fekete - Gold University
The Supply of Oxen at the IMF
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Monday, October 7, 2019
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
Wednesday, October 2, 2019
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
Tuesday, September 17, 2019
Gold university - Antal E. Fekete
The Gold Demonetization Hoax

Thursday, September 5, 2019
Dan Popescu - GoldBroker
  Above-ground Gold Stock - How Much Is There and Why Does it Matter 
To understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month. The supply of gold consists of all of the supply that exists, and the relevant demand is the total demand, not the new demand coming to market during any year. For gold, there is always a large stockpile, and it never gets smaller. The vast majority of all the gold mined throughout human history still exists and is held either in bars, coins, or jewel
Sunday, September 1, 2019
Nick Barisheff - BMSINC
  August 15, 1971: Inflation Unleashed 
The general public, the media and most financial observers were largely unaware of the momentous event that took place on August 15, 1971. However, the implications of that event have had an enormous impact on global financial conditions ever since. On that date, US President Richard Nixon “closed the gold window”. In essence, this meant the US would no longer honour the Bretton Woods Agreement of 1944, which
Thursday, August 15, 2019
Antal E. Fekete - Gold University
Credit Unions 

Tuesday, July 30, 2019
Antal E. Fekete - Gold University
The Two Sources Of Credit

Tuesday, July 23, 2019
Antal E. Fekete - Gold University
Second Front In The Gold World
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Saturday, July 6, 2019
Gold - Antal E. Fekete
The Gold Demonetization Hoax

Tuesday, July 2, 2019
Hugo Salinas Price - plata.com.mx
  The Gold Standard: Generator Protector Of Jobs 
The abandonment of the gold standard in 1971 is closely tied to the massive unemployment the industrialized world has suffered in recent years; Mexico, even with a lower level of industrialization than the developed countries, has also lost jobs due to the closing of industries; in recent years, the creation of new jobs in productive activities has been anemic at best.
Thursday, June 27, 2019
Nathan Lewis - New World Economics
The Nonexistent 'Social Costs' of a Gold Standard System
One of the odd notions that has come down through the years is that a gold standard system has “social costs.” It does not. It creates a profit. Of course, it does take effort to dig gold out of the ground. However, gold production never ceased after the end of the world gold standard in 1971. Roughly half of all the gold ever mined, in all of history, has been mined after 1971. Annual production today is the highest in history, and about double what it was in 1970. People seem happy to continu
Friday, June 7, 2019
Frank Shostak
How Much Money should there be  
Most economists believe that a growing economy requires a growing money stock, on 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
Thursday, June 6, 2019
Gold Secrets - Bix Weir
Golden Secrets (V) Chocolate Mountain Military Base 
Here's where it gets a little tricky. The largest gold mine in the world is reported to be the Grasberg Mine in Indonesia with estimated reserves of 1,250 tons of gold (40M oz). According to USGS the total economically mineable gold reserves in the world is only 100,000 tons. And of that the USA only holds about 5,500 tons...or do we?
Tuesday, June 4, 2019
George F. Smith - Barbarous Relic
  Who paid for the Civil War  
When war broke out in 1861, the federal government was without its own money machine, though that would soon change. As expenses from the war mounted, the U.S. government once again issued Treasury Notes to help finance it. The Act of July 17, 1861 authorized Secretary of the Treasury Salmon P. Chase to issue notes at 7.
Wednesday, May 22, 2019
Antal E. Fekete - Gold University
The Dismal Monetary Science
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Sunday, May 19, 2019
Philip Judge - Anglo Far East
Peter Daniels Talks On "Gold" Part 2

Sunday, May 19, 2019
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