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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
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
One world, One money
A global currency is not a new idea, but it may soon get a new lease of life ~ Foreword ~ In 1998 this Rothschild owned publication claimed we will be under a global currency by 2018. They also correctly … Continue reading
Why Did These Five Currencies Crash?
Hyperinflation occurs when a country experiences very high rates of inflation, which erodes the real value of the local currency, and causes the population to minimize their holdings of local money. It is argued that hyperinflation often occurs as a … Continue reading
WEIMAR: The Story of the Devastating Currency Collapse That Still Haunts Europe Today
Weimar Germany after World War One went through one of the worst hyperinflations in history, unleashing untold horrors on the German people and their economy. Memories of Weimar still haunt the eurozone today. The European Central Bank, widely considered to … Continue reading
Monete cudende ratio – Essay on the Coinage of Money (1526)
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
A Myth Concerning Gold Confiscation
Gold confiscation is a subject that divides gold investors. Some say it won’t happen again and others say it will happen again. The one thing they tend to agree on is that they don’t want it to happen again. One … Continue reading