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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system." ~Raymond Chandler , The Long Goodbye -
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Category Archives: The History of it All
A Civics Lesson on the One-Dollar Bill
Scarcely worth two cents of its once mighty purchasing power the U.S One Dollar bill (once as good as gold) is steeped in history – yet a strange one – with a history of its own… September 27, 2001 ~ … Continue reading
Rome: Money, Mischief and Minted Crises
When it comes to currency, don’t do as the Romans did… Ancient Rome wasn’t built in a day, the old adage goes. It wasn’t torn down in a day either, but a good measure of its long decline to oblivion … Continue reading
Copernicus on the debasement of money
“Although there are countless scourges which in general debilitate kingdoms, principalities, and republics, the four most important (in my judgment) are dissension, [abnormal] mortality, barren soil, and debasement of the currency. The first three are so obvious that nobody is … Continue reading
President Grover Cleveland ~ The Repeal of the Silver Act
Message on the Repeal of the Sherman Silver Purchase Act August 8, 1893 ~ The existence of an alarming and extraordinary business situation, involving the welfare and prosperity of all our people, has constrained me to call together in extra … Continue reading
A Brief History of Banking Control in the United States
The dictatorship of the bankers and their debt-money system are not limited to one country, but exist in every country in the world. They are working to keep their control tight, since one country freeing itself from this dictatorship and … Continue reading
Lincoln and the Bankers (April 12, 1861)
The bankers go to work to start the Civil War. With the Central Bank killed off, fractional reserve banking moved like a virus through numerous state chartered banks instead causing the instability this form of economics thrives on. When people … Continue reading
Hoard of Roman Gold Found from the Last Days of Rome
There were more than 100 gold Roman coins discovered in a buried hoard in the Cressoni theatre in Como, north of Milan. What I have examined from the photographs supplied to me, is that this is a hoard from the … Continue reading
Out of the Past…
Hmmmmm – not such a bad idea – huh?
Confederate Inflation Rates (1861 – 1865)
The Chart attached below shows the Annualized Confederate Inflation Rate. The Annual Inflation Rates are calculated from information provided by the Richmond Civil War Centennial Committee on the purchasing power of Confederate Notes. The table below shows the actual Confederate … Continue reading
The German Hyperinflation, 1923
In the mid-1960s, money manager George J.W. Goodman began to write a series of irreverent and witty columns for New York magazine under the borrowed name of capitalism’s founding theorist, Adam Smith. As “Adam Smith,” Goodman went on to write … Continue reading