fiat currency

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Latest blogosphere posts tagged “fiat currency”

  • A great piece on the gold standard


    Aristotle The GeekAuthority Authority: 125
    Grant (via the Mises blog ), writing in the WSJ - For most of this country’s history, the dollar was exchangeable into gold or silver. “Sound” money was the kind that rang when you dropped it on a counter. For a long time, the rate of exchange was an ounce of gold for $20.67. Following the Roosevelt ...
    9 hours ago
  • Gangster/banksters: moving towards a global monetary system


    The Proud Political Junkie's GazetteAuthority Authority: 138
    by AL Whitney (c) copyright 2009 ALL RIGHTS RESERVEDBob Chapman of the International Forecaster has released his latest forecast potential for Fed to hyperinflate. According to Bob Chapman the corrupt banking system, that has held much of the planet hostage since at least 1694, appears to be going down in flames and ...
    1 day ago
  • North Korea revalues currency at 100:1


    Les JonesAuthority Authority: 503
    Washington Post - North Korea revalues currency, destroying personal savings : “I worked like a dog for two months for the winter, but the money became useless paper overnight,” a resident of Sinuiju, a city that borders China, was quoted as saying on the Web site of Good Friends, a South Korea-based aid ...
    3 days ago
  • The default of sovereign debt is a clarifying moment because it is a moment of truth.


    InvestmentWatchAuthority Authority: 157
    It exposes the delusions, frauds and deceits of corrupt, greedy and vain rulers. It can be a moment of liberation ,if the rulers fall or reform themselves and begin to reallocate resources more productively and equitably and focus on genuine wealth creation rather than gratuitous consumption. It can also be a moment ...
    4 days ago
  • Forget the Financial Markets


    Protect Wealth, Wealth Creation, International LivingAuthority Authority: 110
    I usually refrain from commenting on market conditions. There are two reasons for this.First, I not really a financial markets guy. I get very bored with all those charts, waves, theories and so on. That’s probably one reason why I stand out from all the self-professed analysts out there on the net. On the rare ...
    5 days ago
  • The Case for Depression: Dollar Collapse


    StupidicaAuthority Authority: 177
    The history of the dollar is one marked by a dominance unrivaled in history. Following the Bretton Woods Agreement of 1944, which established the dollar as the global reserve currency, Americans have enjoyed an era of unprecedented wealth and prominence. The impressive growth in America could not have occurred without ...
    1 week ago
  • Stephen Jen: Sovereign Buyers Could Tip Gold into Stratosphere


    GreenLightAdvisor ViewsAuthority Authority: 142
    Stephen Jen (Blue Gold Capital), who was formerly Morgan Stanley’s expert on sovereign wealth funds believes that China, India and Russia’s continuing purchases of gold bullion could be the catalyst for gold to rise in price into the stratosphere. He says that as their foreign exchange reserves as a percentage of ...
    1 week ago
  • Why You’re Wrong If You Think Gold at $2000/oz Is Unlikely… or Worse, Just a Bubble


    MoneyEnergyAuthority Authority: 523
    A gold tsunami is at our doorstep.  It’s not about a bubble, trade or even a wall of fear .  It might be partly some of each of those things, but that’s because it’s much, much bigger than each of those things.  And I’m no gold bug – nor do I keep a cabin hideaway full of beef jerky waiting ready ...
    1 week ago
  • Richard Karn: Nobody’s Right When Everybody’s Wrong (Chapter 2)


    GreenLightAdvisor ViewsAuthority Authority: 142
    On Tuesday of this week we featured chapter 1 of Richard Karn’s fascinating e-book, Credit and Credibility , about the future of  markets, the global economy, global credit markets, and the 5 most pressing issues in the midst at this ‘hinge of history’ we have arrived at. Karn has been described as one of ...
    1 week ago
  • Retro Greenspan and Buffett on inflation


    disinterAuthority Authority: 414
    “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.” — Alan Greenspan “It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero ...
    1 week ago
  • Richard Karn: Past, Present, and Future of the Dollar


    GreenLightAdvisor ViewsAuthority Authority: 142
    Richard Karn, of Emerging Trends Report , was kind enough to provide us with this exclusive overview of he and his group’s most recent thoughts on the past, present, and future of the vaunted/maligned US dollar and the elaborate context within which it manages to remain the world’s reserve currency, as well as ...
    1 week ago
  • The Dollar is disappearing


    The Proud Political Junkie's GazetteAuthority Authority: 138
    by: Lynn Swearingen                            JACKASS ALERT # 10Round and Round the Construction Firm It is with great sadness that we must now report that there are apparently no qualified America Owned large Construction Engineering Companies in the United States capable of installing a ...
    1 week ago
  • Richard Karn: Credit and Credibility - Chapter 1


    GreenLightAdvisor ViewsAuthority Authority: 142
    5 months ago we featured a fascinating e-book by Emerging Trend Report ’s, Richard Karn, Credit and Credibility , about the future of  markets, the global economy, global credit markets, and the 5 most pressing issues in the midst of this ‘hinge of history’ we find ourselves in. Karn has been described as ...
    1 week ago
  • Silver


    Trade the PictureAuthority Authority: 124
    Meanwhile, back at the factory, quite a few of you out there–that’s you my readership connection–have made it a point to let me know that many voices of the market are bearish on gold, including Robert Prechter of Elliott Wave Principle fame. I’ve never met Robert personally, though I do remember when he won ...
    2 weeks ago
  • Gold in the Face of the Fiat Fallout


    The Daily ReckoningAuthority Authority: 613
    Gold hit a new record yesterday. The price rose $22.50 to $1,139. And today we take up a foul and disagreeable task. We ask ourselves: what if we are wrong? If you bought gold when we first recommended it, ten years ago, you are in a very comfortable position. Gold sells for more than 4 times as much today. But what ...
    2 weeks ago
  • The Fragility of a Dollar-Based Money System


    The Daily ReckoningAuthority Authority: 613
    We got back from South America on Friday…ready for a rest. So, we spent the weekend reading…and occasionally, thinking. What we’ve been thinking is that the dollar is dead meat in the long run. But in the short run, it might have enough life in it to bite investors on the derriere. The US stock market rose 73 ...
    2 weeks ago
  • Uncle Sam sitting on a goldmine


    Count Us OutAuthority Authority: 152
    “Geithner doesn’t want to be the Treasury secretary that sells gold at $1,100 an ounce and next year it’s at $2,000,” said Shelton.Furthermore, a sale of all the country’s gold wouldn’t make much of an impact. With the nation’s annual deficit at $1.7 trillion, a $787 billion stimulus package and a $700 ...
    3 weeks ago
  • Deficits Don’t Matter, or Do They? Let’s Ask the Wizard of Oz!


    Earn Passive IncomeAuthority Authority: 152
    The other night I was attending a seminar on “The Conspiracy For Your Money” and one of the topics discussed was fiat currency and the debasing or devaluing of the currency that is causing the value of the US Dollar to shrink.   In a previous article titled “Decades of Debt and Dollar Doubts”, the ...
    3 weeks ago
  • The Federal Reserve


    Irish Mortgage Brokers BlogAuthority Authority: 131
    (this is taken from the Mises YouTube channel) Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today (and pretty much everybody else for that matter), Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their ...
    3 weeks ago
  • Reason of Price Rise and Consequences of Price Control


    Reason for LibertyAuthority Authority: 117
    Inflation engrossing Individuals The skyrocketing prices of common commodities is becoming the main political issue around which, the BJP is trying to make their case against Congress lead government. It is true that government is responsible to the price rise, but can government control the prices or the price ...
    3 weeks ago

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