In a modern economy, the relationship between the purchasing power of the fiat currency and economic strength generally resembles a teeter-totter: When one goes up, the other goes down.
For example, in times of economic boom, we have more employment, more products, more consumption, more demand and more currency in circulation. Result? Price inflation. As the [...]
Entries Tagged as ‘Money’
October 30, 2009
A Broken Teeter-Totter?
October 18, 2009
The Dollar’s Demise
The U.S. dollar has been the world’s reserve currency since World War II.
In March, China (and then Russia) openly attacked the greenback, calling for the dollar to be replaced as the world’s reserve currency. This call by China is particularly disturbing since China holds more U.S. debt than any other country—about $1.3 trillion—and the further [...]
October 4, 2009
Buying Gold Kills the FED & NWO.
Benjamin Fulford writes in both Japanese and English on political and economic issues. He’s an intelligent man. Still, it’s sometimes hard to tell if Mr. Fulford has the gift of prophecy or is simply a “loose cannon”. Mr. Fulford has recently written a couple of commentaries that predict the Federal Reserve could cease to exist [...]
September 27, 2009
Foreclosures Without Mortgages
Proverbs 13:22 warns that “ . . . the wealth of the sinner is laid up for the just.” I won’t say this verse describes what’s actually happening with regard to modern mortgage law, but there’s enough of a resemblance to make me wonder.
September 27, 2009
An Economy of Addiction
When it comes to addictive drugs, most people would be surprised to learn that nicotine (common tobacco) is more quickly addictive than heroin, morphine or crack. But there’s another drug that even more addictive than nicotine: free money.
Oooo, we love that free money, don’t we? More than heroin, coke, crack, tobacco, alcohol, or even ice [...]
September 23, 2009
An Economy of Addiction
When it comes to addictive drugs, most people would be surprised to learn that nicotine (common tobacco) is more quickly addictive than heroin, morphine or crack. But there’s another drug that even more addictive than nicotine: free money.
Oooo, we love that free money, don’t we? More than heroin, coke, crack, tobacco, alcohol, or even ice [...]
September 11, 2009
What is “Capital”?
Most people assume that “capital” is more or less synonymous with “money”. That assumption is false.
Michael Moore (the controversial producer-director of the movies Fahrenheit 911 and Sicko) recently achieved a little more notoriety by claiming that “capitalism” is inherently “evil”. About the same time an email was banging around the internet concerning Bill Clinton’s 1997 [...]
July 26, 2009
The Undefined Dollar, Part II
Take a paper $50 bill in your left hand and a one-ounce “Gold Eagle” in your right hand. Both are defined in law as legal tender. Both are defined as being worth $50 dollars. But it currently takes about twenty of the paper “FIFTY DOLLAR” bills to purchase one “50 DOLLAR” gold coin.
So, again, [...]
July 13, 2009
The Undefined Dollar
If you pick up a paper $50 bill in your left hand, you’ll see a picture of President Grant in the center and text along the bottom of the bill that reads, “FIFTY DOLLARS”. If you also pick up a recently-minted one-ounce “Gold Eagle” in your right hand, you’ll see an inscription on the coin [...]
June 25, 2009
Notice vs. Notice Pleading
It’s a regular event for me to find myself somehow “compelled” to read something that I have no desire, energy or intent to read. Maybe I’m just obsessive-compulsive, but I think the Good LORD sometimes “forces” me to stick my snoot in a book or article until I suddenly discover something that (for me, at [...]
