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Posts Tagged with "Fiat Currency"



In America, a land of plenty, the economy is in the gutter, incontinent government spending is coupled with out of control budget deficits resulting in ballooning debt, bankrupt States, skyrocketin...

The first section of the first chapter in The Great Credit Contraction addresses the conflicting definitions of money and currency. If one does not have a correct understanding of money and currency ...

The FRN$, the world’s reserve currency, has no definition and the quantitative easing will fail.  After all, what is a dollar?  Because there is no definition therefore it is impossible t...