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Category Archives: The History of it All
The Death of the US Dollar
The homes did not become more expensive – your work, efforts, talents and the US dollar became WORTHLESS! 1934 Christmas Catalog from Montgomery Ward.
Hickman: Freedom is Like Inflation ~ You Lose 2-3% Every Year
My grandfather was born on April 19, 1915 in a dirty, one-room shack in the town of Bonham, Texas. Given the era, they had no electricity and no running water. And the family considered themselves fortunate that both mother and … Continue reading
Congress Spends, Future Generations Pay the Bills
Congress recently passed the so-called “supplemental” spending bill, wasting billions of your tax dollars supplementing the already swollen $2.3 trillion 2003 federal budget. Congress loves the annual supplemental bill, because unlike other spending bills, the supplemental does not fund any … Continue reading
Snyder: 21 Quotes About Central Banking That Show Why The Federal Reserve Must Be Shut Down
We have come to accept that we are permanently trapped in an endless cycle of debt and money creation. But the only reason why debt and money grow at an exponential rate is because that is what our system was … Continue reading
32¢ on the Dollar and Getting Screwed Faaaaaast!
Originally published on the Federal Observer, April 21, 2009. Maybe it’s coming ’round again. ~ J.B. You spend your entire adult life living life the right way. You buy a car on ‘time’, you pay your debt. You get retail … Continue reading
Smith: How the Bankers Outfoxed the Politicians
Since the job that was actually assigned to [the Fed] by Congressman Carter Glass back in 1913 is now vestigial and long gone, and the financial system has been flooded with massive liquidity for decades on end, it might well … Continue reading
Borrowing From Peter to Pay Paul…
…The Wall Street Ponzi Scheme Called Fractional Reserve Banking December 12, 2019 ~ Bernie Madoff showed us how it was done: you induce many investors to invest their money, promising steady above-market returns; and you deliver – at least on … Continue reading
The Case for a 100 Percent Gold Dollar
To advocate the complete, uninhibited gold standard runs the risk, in this day and age, of being classified with the dodo bird. When the Roosevelt administration took us off the gold standard in 1933, the bulk of the nation’s economists … Continue reading
Preface ~ The Case for a 100 Percent Gold Dollar
Introduction ~ What you are about to read is one of the most interesting commentaries by Murray N. Rothbard that I have been priviledged to read AND to share read – however – what I am posting this evening – … Continue reading
How Genghis Khan Is Driving Your Grocery Bill Higher
Over eight hundred years ago, in what is now northwestern China, the Uyghur people – long before they were carted off to internment camps by the Communist Party – ruled their own independent kingdom, known as Qocho. Then, in the … Continue reading