Search Results for: schacht

Hjalmar Schacht: Where Was the Gold?

NOTE: As has been known by me for many years, Herr Schacht was an ancestor of the Editor/Publisher’s tax attorney and accountant, Raymond Schacht of New York. (Ed.) July 22, 2012 ~ I am an avid reader of monetary history. … Continue reading

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The Federal Reserve Cartel: The Eight Families Who OWN the USA

The rise of BIS, IMF and the World Bank Companies under Rockefeller control include Exxon Mobil, Chevron Texaco, BP Amoco, Marathon Oil, Freeport McMoran, Quaker Oats, ASARCO, United, Delta, Northwest, ITT, International Harvester, Xerox, Boeing, Westinghouse, Hewlett-Packard, Honeywell, International Paper, … Continue reading

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Kunstler: …and Suddenly Things Change

“The global economy is becoming unburdened by what has been.” ~ Jordan Schachtel on “X” That two-by-four upside our country’s head you’ve been waiting to get whomped with? Looks like it’s landing now. We got a banger in 2008, but … Continue reading

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Maund: The BIG Picture

As I am sure you are aware, we have entered tumultuous times. In this article we are going to consider the Big Picture and what it means to us as investors. The core of the problem facing the financial system … Continue reading

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How Governments Killed the Gold Standard

The historical embodiment of monetary freedom is the gold standard. The era of its greatest flourishing was not coincidentally the 19th century, the century in which classical liberal ideology reigned, a century of unprecedented material progress and peaceful relations between … Continue reading

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FED is Still Clueless on Stagflation

In June 2022, when inflation was raging at over 9% in the US, Fed Chairman Jerome Powell admitted to a reporter, “we now understand better how little we understand about inflation.” “Uh, that’s not very reassuring,” the reporter chuckled. Talk … Continue reading

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America’s Misery: The Piper Will Be Paid

Always and again the magic of money presents us with problems. These problems change constantly. Time after time experience teaches us that there is no universally-valid system by means of which monetary problems may be solved. Every new situation demands … Continue reading

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The End of World Dollar Hegemony: Turning the USA into Weimar Germany

In a recent essay, I explained how over time the US abused its responsibility to control the supply of dollars, the world’s premier reserve currency for settling international trade accounts among nations. This abrogation of its duties is leading to … Continue reading

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The Gold-Exchange Standard in Operation: 1926–1929

As we reach the end of the year we find it of interest to study and understand the history of gold manipulation and its effect on global economics. ~ Ed. By the end of 1925, Montagu Norman and the British … Continue reading

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History Tells Us to Own Gold When Central Banks Run Out of Control

Always and again the magic of money presents us with problems. These problems change constantly. Time after tiine experience teaches us that there is no universally-valid system by means of which monetary problems may be solved. Every new situation demands … Continue reading

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