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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 Price is Right
Price ~ The Future of the United States of America: Light after Darkness
I have relied on no particular source of information in the process of forming an opinion regarding the causes and the promoters of the present disturbances in the US, and their objectives. I browse the Internet like anyone else. My … Continue reading
Price: The International Monetary Process
The following is somewhat dated, but it indicates how little anything really changes. ~ Ed. A “system” refers to some activity that endures through time. Once a system is created and installed, the associated activity will be maintained for an … Continue reading
3,500% return from a safe ‘forever asset’
In the year 1649 after nearly a decade of painstaking work, the legendary Dutch artist Rembrandt van Rijn put the finishing touches on one of his masterpieces: Christ Healing the Sick. The piece is considered a technical and artistic marvel, … Continue reading
If You Don’t Work, You Die
From the National Vital Statistics System of the USA, we gather the following information: Total number of deaths in the US, in the course of the year 2018: 2,839,205. From World-O-Meters, we gather the following information: Total coronavirus cases in … Continue reading
Calling a horse a cow, doesn’t make it a cow
I vaguely remember an anecdote attributed to the wisdom of “Honest Abe” Lincoln. It went something like this: “Suppose you have five horses, and we agree to call a horse a cow; how many cows would you have? Answer: “Well, … Continue reading
Price: About Bitcoin
Bitcoin is nothing more than a distraction, created to direct widespread public worry away from concern about the eventual collapse of the Dollar’s value. What entity would wish to distract investors’ attention away from concerns with the Dollar? Obviously, the … Continue reading
Price: The Right Way to Use Silver in Coinage
The director of Fideicomiso de Fomento Minero (“The Trust for Encouraging Mining”) Norberto Roque Díaz de León, told “El Financiero” newspaper on August 20 that it would be a good idea to use silver in Mexican coinage, in order to … Continue reading
Price: Use your medicine at home, Rudi
November 16, 1999 ~ Rudiger Dornbusch, M.I.T. professor of economics and advisor to the World Bank and the I.M.F. has been giving us a sermon with a lot of truths on how to run a country: “Time and again, governments … Continue reading
Price: The spectres of Bretton Woods
December 23, 1997 ~ The fascinating articles which have appeared in the last few months in the financial newspapers, dealing with the crises in Southeast Asia, Korea and Japan, provoke a suspicion that the debacle we are witnessing is nothing … Continue reading
The Road Ahead for the Dollar
The original silver dollar, created at the birth of the United States, was based upon the silver Spanish “Pieces of Eight” minted at the Royal Mint in Mexico City, under Spanish rule at that time. This was a very widely … Continue reading