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Tag Archives: fiat currency
Plus ça change: A French Lesson in Monetary Debauchery
Plus ça change: A French Lesson in Monetary Debauchery Fiscal policy shifted into turbo-charged, warp speed, overdrive early into the COVID related recession. To facilitate the borrowing binge, the Federal Reserve took unprecedented monetary actions. In 2020, the fiscal deficit (November 2019- October 2020) rose $3.1 trillion and was matched one for one with a […]
The Bogus Case Against Gold
The Bogus Case Against Gold Gold is in the early stages of its third great bull run that will take it to record heights. The first two great bull markets were 1971-1980 (gold up 2,200%) and 1999-2011 (gold up 760%). After peaking in 2011, gold fell sharply from that peak to below $1,100 per ounce […]
Our Bizarre Economy 2.0 Is A Spending Based Illusion
Our Bizarre Economy 2.0 Is A Spending Based Illusion To say the economy we are seeing during 2020 is a bit bizarre is an understatement. Nobody predicted anything like we are seeing today. As money continues to be created out of thin air we are witnessing bailouts and crony capitalism on full display. Another factor playing […]
Hyperinflation is here
Hyperinflation is here Definition: Hyperinflation is the condition whereby monetary authorities accelerate the expansion of the quantity of money to the point where it proves impossible for them to regain control. It ends when the state’s fiat currency is finally worthless. It is an evolving crisis, not just a climactic event. Summary This article defines […]
Can Constant Money Growth Rule Prevent Boom-Bust Cycles?
CAN CONSTANT MONEY GROWTH RULE PREVENT BOOM-BUST CYCLES? According to the Nobel Laureate in Economics, Milton Friedman, the key cause of the business cycles is the fluctuations in the growth rate of money supply. Friedman held that what is required for the elimination of these cycles is for central bank policy makers to aim at […]
Today’s Contemplation: Collapse Cometh IV
Today’s Contemplation: Collapse Cometh IV Tulum, Mexico (1986) Photo by author My comment on an article in The Tyee about our federal government’s latest throne speech by Prime Minister Justin Trudeau (https://thetyee.ca/Analysis/2020/09/24/Throne-Speech-Stew/). _____ The idea that a sovereign nation can never run into trouble financially because it can create its own currency is certainly the […]
Can We Trust the Future at All?
Can We Trust the Future at All? QUESTION: What did Martin mean by gold having a 21 year high. I simply can’t see how it is possible for it not to go up from here as sovereign debt collapses and printing presses are on turbo I’ll be getting the gold report when it’s out but…. I’m […]
“Panicking” Central Banks to Power Gold Higher
“Panicking” Central Banks to Power Gold Higher This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Institutions will be the drivers of gold demand, Ray Dalio issues warning about the greenback, and silver believers could soon be rewarded. Institutional demand will power gold prices […]
Inflation as a Tool of the Radical Left
Inflation as a Tool of the Radical Left “Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch its currency….Lenin was certainly right. There is no subtler, no surer way of overturning the existing basis of society than to debauch the currency. The process engages all the […]
Economic War with China is the Final Step Before the “Great Reset”
Economic War with China is the Final Step Before the “Great Reset” With the pandemic dominating the news cycle, the general public has been completely distracted from a much more important crisis; namely, the economic crisis. To be sure, economic decay is not as swift or exciting, but I doubt that’s why the mainstream media […]
The U.S. Dollar Collapse Is Greatly Exaggerated
The U.S. Dollar Collapse Is Greatly Exaggerated The US Dollar Index has lost 10% from its March highs and many press comments have started to speculate about the likely collapse of the US Dollar as world reserve currency due to this weakness. These wild speculations need to be debunked. The US Dollar year-to-date (August 2020) has strengthened […]
