Why Money Printing Makes You Poorer
Here is an excellent article by Bill Bonner on the announcement that Japan made that they are going to crank up the printing press and eliminate the deflation that has been plaguing their economy over...
View ArticleStimulate the Economy? Please Don’t!
Personally, I would love to see the inflation rate stay between 1 and 2% or better yet between 0% and 1%. Why? In the long run low inflation rates benefit everyone, as people can accurately judge their...
View ArticleWhy Inflation is U.S. Hottest Export
Last week, we went to São Paulo, Brazil. There, too, we found taxi drivers who knew a lot more about monetary crises than the typical US economist. Said one: I remember. I was just a kid. But my...
View ArticleExperimental (Reckless) Monetary Policy
In the following article Bill Bonner makes some excellent points about the problem with the current monetary policy. The first is that it is totally ludacris to try to buy real goods with fake money....
View ArticleWhy Inflation is Theft
By Dr. Ron Paul When I talk to many teenagers and grade schoolers, they seem to have no problem comprehending the fact that if you just create a lot of money, it’ll be like Monopoly money and it won’t...
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What You Need to Know About the Federal Reserve System
The Federal Reserve System If you saw the HBO movie “Too Big to Fail,” you may have the notion that the Federal Reserve System, commonly known as The Fed, deals with high level banking issues that have...
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What is the Significance of the Fiat Currency?
Last month in an article entitled What Is Fiat Currency? we told you that “Fiat currency is a term that is used to describe a currency which is created by “fiat” or “arbitrary order or decree” of the...
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Will Greece Follow Iceland or Weimar Germany?
In Iceland the bankers were told to stuff it. In Weimar Germany they resorted to the printing press. Which model will modern day Greece follow? It seems that the words Weimar Germany and Hyperinflation...
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Civil Liberties Rest Upon Sound Money
Sound Money = Freedom Over the years I have written many times about the necessity of sound money to base our economy on and the results of wanton reckless money creation that will alway result in...
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What are “Foreign Exchange Reserves”?
Will the U.S. Dollar Be Replaced as the World’s Reserve Currency? Foreign Exchange Reserves are foreign money held by International banks for use in international trade and in an effort to diversify...
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