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Author Archives: admin
Garrison: A Nickel for Your Thoughts?
Once upon a time, America’s money was based on real value that could be held in one’s hand. A dollar is still defined in the Constitution as a silver coin containing 371.25 grains of pure silver. Gold and silver coins … Continue reading
The Federal Reserve: Enemy Of American Workers
Fiat money benefits financial and political elites at the expense of working people whose standard of living is… According to numbers released by the US government, consumer prices have increased by 7.5 percent in the past year, the steepest increase … Continue reading
Could Economic Warfare Backfire on the US?
Economic sanctions serve as a powerful foreign policy tool for the US government. But could this ultimately backfire on the US? Over the last several years, many countries have made a concerted effort to limit dependence on the US dollar. … Continue reading
Money and Savings Are Not the Same Thing
In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary outlays. Disposable income is defined as the summation of all personal money income less tax payments to the government. Personal … Continue reading
America’s First Experiment With Paper (Fiat) Money
In 1690, Massachusetts Bay Colony embarked upon a short-lived experiment in unbacked paper money. It did not go well. George Washington – surveyor, farmer, soldier, and statesman – never thought of himself as an economist but experience taught him a … Continue reading
Inflation Is a Biden-Caused Disaster
Prices are up 7.5% since Scranton Joe took the helm, and if he has his way they’ll go even higher. “We’re in a situation now where, uh, um, you know, you should have peace of mind.” ~ Joe Biden on … Continue reading
John B. Calhoun’s Mouse Utopia Experiment and Reflections on the Welfare State
One of the more famous ethologists in recent decades was John B. Calhoun, best known for his mouse experiments in the 1960s. To what extent do the mouse utopia lessons apply to humans? Signs in national and state parks all … Continue reading
New Private Currency Uses Bills Filled With REAL Gold
Modern currencies such as Bitcoin expect to find success in a more technological world, but a new currency known as Goldbacks might corner the post-apocalyptic currency market. In 2019, Goldback president Jeremy Cordon said he had a dream in which … Continue reading
“The fate of the nation and the fate of the currency are one and the same.”
By now, anyone with half an inkling of curiosity about why prices and values don’t add up has traced the divide back to the money itself. It’s not hard to see. Asset prices, like houses and the major stock market … Continue reading
We Are Being Warned That A Horrifying STOCK MARKET CRASH Which Could Wipe Out Trillions Has Now Begun
What would our country look like if an epic market crash suddenly wiped out 35 trillion dollars in financial wealth? You may not want to think about something so horrible, but we are being warned that it could soon happen. … Continue reading
