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Category Archives: The History of it All
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
What is Money?
Money is supposed to be representative of all the goods and services that the country has produced in an entire year. A “buck” is referred to as a “buck” because in the early days of American money, a dollar was … Continue reading
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
The Future for Fiat
The day of reckoning for unproductive credit is in sight. With G7 national finances spiraling out of control, debt traps are being sprung on all of them, with the sole exception of Germany. Malinvestments of the last fifty years are … Continue reading
What Could a Dollar Buy You in the 1920s?
Even though inflation is a hot topic these days, it’s been around forever. Not all prices rise at the same rate, though, so it’s fun to see what prices were like generations ago. By looking at prices from way back … Continue reading
Ayn Rand’s Hymn To Money
Gold Money Is the Root of All Good; Paper Money Is the Root of All Evil ~ A Blueprint for a New Gold Coin Standard ~ Millions of people who have read Ayn Rand’s 1957 monumental work “Atlas Shrugged” must … Continue reading
The Confederate Gold of South Carolina: A Civil War Mystery Unveiled
The tale of the Confederate gold, lost somewhere in the depths of South Carolina’s history, has intrigued historians, treasure hunters, and enthusiasts alike for over a century and a half. This story is not just about lost treasure; it represents … Continue reading
Why the World Economy is in Trouble and WHO Caused It!
What You Should have learned in School and at Home In order for you to understand what happened to our economy we have to travel back in time to Frankfurt, Germany. The event is the birth of Mayer Amshel Bauer … Continue reading
What Charles Ponzi’s Scheme and US Entitlement Programs Have in Common
The structure of Charles Ponzi’s scheme must have impressed the policy makers coming of age in the 1930s, because they would use the same structure for the nation’s new Social Security system. When Charles Ponzi’s investment opportunity to sell international … Continue reading
