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 | Mike Hewitt - Dollar Daze |
 America's Forgotten War Against the Central Banks |
| "Let me issue and control a nation's money supply, and I care not who makes
its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)
Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and
Andrew Jackson have argued and fought against the central banking polices used
throughout Europe.
A note issued by a central bank, such as the Federal Reserve Note, is bank
currency. These notes are given to the government in exchange for an interest-bearing
gSunday, January 5, 2020 |
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 | 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.Friday, November 22, 2019 |
|
 | Frank Shostak |
| How Inflation and Unemployment Are Related |
| A fall in the US unemployment rate to 4.6% in November from 4.9% in the month before, and 5% in November last year, has prompted some commentators to suggest that we are almost at the so-called natural rate, which is believed to be at around 4.5%.It is held that once the unemployment rate falls below an "optimal" rate — called the Non-Accelerating Inflation Rate of Unemployment (NAIRU) — it sets off an inflationary spiral.
This acceleration in the rate of inflation takes place through inSunday, November 17, 2019 |
|
| Frank Shostak |
| Inflation Is Not About Price Increases |
| There is almost complete unanimity among economists and various commentators that inflation is about general increases in the prices of goods and services. From this it is established that anything that contributes to price increases sets in motion inflation.A fall in unemployment or a rise in economic activity is seen as a potential inflationary trigger. Some other triggers, such as rises in commodity prices or workers’ wages, are also regarded as potential threats.If inflation is just a generaSaturday, November 16, 2019 |
|
 | Robert P. Murphy |
| The Gold Standard Did not Cause the Great Depression |
| Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016): 101–111[The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression by Scott Sumner]The Midas Paradox is an impressive piece of scholarship, representing the magnum opus of economist Scott Sumner. What makes the book so unique is Sumner’s use of real-time financial data and press accounts in order to explain not just broad issues—such as, “What caused the Great Depression?”—but to offer commentary on thTuesday, November 12, 2019 |
|
 | Jesse - Le Cafe Américain |
| The Crash of 1929 - |
| "...people believed that everything was going to be great always, always. There was a feeling of optimism in the air that you cannot even describe today."
"There was great hope. America came out of World War I with the economy intact. We were the only strong country in the world. The dollar was king. We had a very popular president in the middle of the decade, Calvin Coolidge, and an even more popular one elected in 1928, Herbert Hoover. So things looked pretty good."
"The economy was changingTuesday, October 29, 2019 |
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 | Charleston Voice |
 Death Penalty for Debasing Currency: US Coinage Act of 1792 |
| As most of you know much of our current law was based on English case law. Hence, this was the Royal Mint's disposition of counterfeiters and forgers. Themethods employed for carrying out the death penalty are appropriate eventoday.:
SOLOMON IDSWELL, Deception > forgery, 20th May 1795.
Reference Number:t17950520-26
Offence: Deception >forgery
Verdict: Guilty
Punishment: Death
Are Counterfeiting and Treason any less painful a crime upon the people today? We vote "Nay!" Hasn't our central government stolen real money by bank note deception and broken sworn promises ofredeemability from the American people and their foreign trading partners? And haven't our current leaders and appointees past and present lied knowingly to perpetuate thesecrimes ?Tothis,we vote "Yea!" onboth charges.Wednesday, October 9, 2019 |
|
 | Antal E. Fekete - Gold University |
The New Austrian School of Economics  |
| .Thursday, October 3, 2019 |
|
| Antal E. Fekete - Gold University |
| The Hungarian Connection |
| Gold is the most misunderstood metal in human history, because of the economists' failure to distinguish between its dynamic and static aspects in representing values. Economists have blithely assumed all along that the value of gold is the same whether it flows freely from one hand to the next, or whether the movement of gold is obstructed, in the worst case arrested, by the government (soon to be aped by banks and individualsWednesday, September 25, 2019 |
|
 | Lew Rockwell |
What's Killing the Jobs Market  |
| The terrible job market has vexed an entire generation. It shows no hope of improving anytime soon. Young people are shut out. College students are taking refuge in matriculation without end. Thirty-somethings are zoning out in their parents' basements and attics. Despair for the future has become a theme of American public life.
The question we must ask is: why is unemployment stuck at 10% in the narrowest measure and as high as 30% for some demographics?
Monday, August 26, 2019 |
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| Antal E. Fekete - Gold University |
| Credit Unions |
| Tuesday, July 30, 2019 |
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| Hyperinflation - USA Gold |
| The Nightmare German Inflation |
| Hey, Mr. Chairman, in case you haven't noticed, the Federal Reserve already has a goodly supply of oxen!
My father was fond of relating a story about a professor lecturing on geography. A short fellow, he was extolling the agriculture of Switzerland. "In our country oxen are not even as tall as I am. In some countries you see oxen just as tall as myself. But, believe it or not, on the fat pastures of Switzerland there are even greater oxen than myself". For emphasis the good professor stood on his tiptoes and stretched his hand upwards above his head. "We don't believe so!" - shouted someone from the back benches of the lecture theater.Saturday, July 13, 2019 |
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| Antal E. Fekete - Gold University |
| Second Front In The Gold World |
| .Saturday, July 6, 2019 |
|
 | John Butler - Goldmoney |
| A banker for all seasons: the life and times of John Exter – champion of sound money |
| The following is an introduction to a series of essays GoldMoney will be publishing, written by John Butler and Barry Downs, looking at the life and times of John Exter – leader in the fight against Richard Nixon, Alan Greenspan and the debasement of the US dollar. The source material for these essays includes John Exter's collected papers and works; the personal experiences, diary entries and recollections of the author; and interviews with former colleagues, friends and family of John Exter's.Thursday, July 4, 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 |
| Devaluations of the 1930s Don't Justify Today's Funny Money Excess |
| Without question, the Great Depression was a time when the political
consensus moved from a Classical “hard money” approach towards a
Mercantilist “soft money” approach — leading, ultimately, to today’s
“print until the pain goes away” reaction. Actually, this trend had
started in the later 19th century, and was not fully expressed until
the 1970s – an evolution stretching over a hundred years or more.
But, the experience of the Great Depression period of the 1930s
stSaturday, June 22, 2019 |
|
 | FOFOA - FoFOA |
| Fiat 33 |
| "Sir, I would say, "Old World Order" to return.
To understand/explain better: A very easy way
to view this "order", would be to simply say that
the American Experience is reaching the end! As we know,
world war two left Europe and the world economy destroyed.
Many thinkers of that period thought that the world was about
to enter a decades long depression as it worked to rebuild real
assets lost in the conflict. It was this war that so impacted the
idea of looking positively toward the fuFriday, June 21, 2019 |
|
| Nathan Lewis - New World Economics |
| The View From 2011 |
| Today, we will continue our discussion of the “gold sterilization” of 1937.
June 18, 2017: The “Gold Sterilization” of 1937
June 25, 2017: The “Gold Sterilization” of 1937 #2: Fumbling and Bumbling
We will look at an influential 2011 paper by Douglas Irwin, available here:
http://www.nber.org/papers/w17595.pdf
All in all, I think the paper is pretty good, at least in its basic descriptions. It meanders into the usual channels of pointless Monetarism, with some equally pointless math, but it doesTuesday, June 11, 2019 |
|
| Charleston Voice |
| Global Times - Hard lessons from China's silver standard |
| History will repeat, but this time around America will not be able to coin silver Trade Dollars to conduct trade with Asia. Oops. Oh, where O where did my empire go?
Source: Caijing.com.cn
[08:30 July 15 2009]
Chinese macroeconomic historian Ray Huang used to say the Qing Dynasty never understood monetary and fiscal policy, and therefore was unable to compete against the West. In those days, monetary policy in China was essentially tied to silver, the national money standard since tMonday, June 10, 2019 |
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 | Mike Maloney - Goldsilver |
 Gold Silver Confiscation: Can the Government Seize Assets |
| One concern of retail precious metals investors is the possibility of a gold confiscation.Imagine having the forethought to buy gold to shield your finances from an economic or monetary crisis—only to have it taken away from you by your government. You’d lose not just the protective buffer you put in place but potentially a chunk of your net worth.Gold confiscation may sound preposterous to investors used to securities or real estate. But it’s happened in the past enough times to make it a reasoSaturday, June 1, 2019 |
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