Home » Posts tagged 'fiat currency' (Page 15)
Tag Archives: fiat currency
Indians Urged To Give Up Their “Idle Gold” For The Good Of The Nation
Indians Urged To Give Up Their “Idle Gold” For The Good Of The Nation One month ago, when reviewing India’s ploy to monetize the thousands of tons of gold held by the broader population through the issuance of “gold-backed bonds” (which would need to offer a rate of interest greater than inflation to be attractive […]
How Can We Do Better? The Alternative: Public Money Creation
How Can We Do Better? The Alternative: Public Money Creation A well-functioning monetary system is essential for a well-functioning economy and thereby, for the common good. The state is the agency responsible for the public interest. The responsibility for and control over the monetary system and money creation should therefore be placed with the state […]
Argentina’s Ruling Party Eyes Bigger Banknotes amid Soaring Prices
Argentina’s Ruling Party Eyes Bigger Banknotes amid Soaring Prices Congressman Claims Inflation Not a Motivating Factor For the first time in years, lawmakers from Argentina’s ruling Front for Victory coalition have proposed upping the size of the country’s largest denomination banknote to AR$200. Congressman Carlos Kunkel, author of the initiative, claims the measure has nothing to do with inflation, […]
Gold Standard Nonsense Compelling Us To Repeat History
Gold Standard Nonsense Compelling Us To Repeat History COMMENT: “The system is collapsing. It is not because of some derivatives bubble. It is not because of fiat. This is because of the debt gone wild” Sure! And you don’t see the connection with the lack of a gold standard? This would never have happened during […]
Bishop: Ben Carson Upsets Washington Post for Questioning Fiat Money
Bishop: Ben Carson Upsets Washington Post for Questioning Fiat Money Tho Bishop writes: Neurosurgeon-turned-Presidential candidate Ben Carson has been under attack this week by our PC-enforcers in the media. While most of the media scorn has been directed at Carson’s defense of gun ownership following last week’s shooting in Oregon – Matt O’Brien of the Washington Post slapped at Carson […]
Is Quantitative Easing the Same as Printing Money?
Is Quantitative Easing the Same as Printing Money? QUESTION: Mr. Armstrong; Thank you for coming to Athens. After the presentation, there were so many questions that the moderator did not have time for. You answered some for the crowd afterwards that I had never heard anyone ever explain. You said Quantitative Easing was not money printing […]
EU Moloch in a Fresh Bid to Inflate
EU Moloch in a Fresh Bid to Inflate Brussels Alters Capital Requirements to “Spur Lending” Saints preserve us, the central planners in Brussels are giving birth to new inflationist ideas. Apparently the 2008 crisis wasn’t enough of a wake-up call. It should be clear by now even to the densest observers that a fractionally reserved […]
That 70s show – episode 4
That 70s show – episode 4 We have shown in the previous three episodes (episode 1, 2 and 3) how the US economy structurally changed after Nixon took the US off gold, letting the Federal Reserve do what it does best. Obviously, with the “hard” anchor of the US dollar cut loose, the rest followed suit. It is telling […]
The Federal Reserve is Not Your Friend
The Federal Reserve is Not Your Friend Fed policies disproportionately favor wealth. Imagine that the Food and Drug Administration (FDA) was a corporation, with its shares owned by the nation’s major pharmaceutical companies. How would you feel about the regulation of medications? Whose interests would this corporation be serving? Or suppose that major oil companies […]
10 Disturbing Facts Most Americans Are Too Fearful To Face
10 Disturbing Facts Most Americans Are Too Fearful To Face Sometimes you have to put out information in hopes that those who haven’t heard this will at least absorb a fraction of it. If you haven’t heard this and you absorb just one of these random points, I believe that may be enough to cause […]
New currencies and their relationship with fiat currency
New currencies and their relationship with fiat currency Complementary Currencies aim to work alongside the pound or the dollar. Classically they seek to broker exchanges of underused resources with unfulfilled need, and facilitate activity in niches neglected by the mainstream economy. They do much good work and are worthy of support. Intentional Currency designs on […]
In Gold We Trust 2015
In Gold We Trust 2015 The Gold Standard of Gold Reports is Back As every year around this time, our good friends Ronald Stoeferle and Mark Valek, the managers of the Incrementum Fund, have published their annual “In Gold We Trust” report, the extended version of which can be downloaded below. This year’s report is […]
