While money makes the world go around, very, very few people understand what money is and what money is not, and that is purposeful on the part of the elites and every government. This article explains why that is the case and why there is such confusion around such an understanding of the facts.
Read More »Search Results for: fiat
Inflation: What Is It? What Isn’t It? Who’s Responsible For It? (+3K Views)
Inflation is the debasement of money by the government. PERIOD. It is NOT a general increase in the level of prices for goods and services. These statements are critical to an understanding and correct interpretation of events which are happening today - or expected to happen - that are casually attributable to inflation. Let's go one step further as to what inflation is, what it isn't and who's responsible for it.
Read More »Continued Money Debasement Means More Unintended Consequences, Social Disorder & Further Debasement of Society – Here’s Why (+6K Views)
I keep wondering to myself, do our money-printing central banks and their cheerleaders understand the full consequences of the monetary debasement they continue to engineer? [Below is what I think awaits us.] Words: 1013
Read More »Alf Field: America’s Current Account Deficit Causing World’s Financial Crisis! Here’s Why (+8K Views)
The onset of the world’s worst financial crisis in many decades is one of the most important factors (if not the most important factor) currently influencing investment decisions. The crisis has created chaos and confusion. Not many people understand how the world has arrived at this unfortunate situation. This report endeavours to identify the underlying causes of the crisis and explains why the USA current account deficit has been the main destabilising force in world finance. Words: 3806
Read More »Are You Financially Ignorant? Only 30% of Americans Passed This Simple Financial Quiz – Can You? (5K Views)
Do you understand money? Many couldn't pass this simple finance quiz. Can you?
Read More »Debt Default or Hyperinflation? Which Will It Be? (+6K Views)
The Fed, together with other central banks from around the world, have created the perfect crescendo of worldwide credit bubbles and asset bubbles leading to the excesses and decadence which are the normal finale to a secular trend. They have totally destroyed all major world currencies and left the world with debts that cannot and will not be repaid with normal money. As such, there are only two alternative outcomes, debt default or hyperinflation. Both will have disastrous consequences for the world economy.
Read More »Finally: A Clear Understanding of Hyperinflation, Money Demand & the "Crack-Up Boom" (+9K Views)
Hyperinflation is perhaps the darkest side of a government fiat money regime. Among mainstream economists, hyperinflation typically denotes a period of exceptionally strong increases in overall prices of goods and services, thus denoting a period of exceptionally strong erosion in the exchange value of money.
Read More »Hyperinflation: 10 Questions & Answers (+10K Views)
It is difficult to say exactly when hyperinflation will hit a currency. However, I am convinced that the danger level is so high for most fiat money that it is worthwhile for everyone to increase their understanding of hyperinflation. This article presents 10 frequently asked questions or objections about hyperinflation with answers.
Read More »The Many Benefits of Having a Bank Account in Hong Kong (+6K Views)
Hong Kong is an excellent place to bank. One of the best in the world, in my opinion. Why? Because the banks are strong, stable, innovative, and well-capitalized [and account holders] are free to choose what currency to accept (and save), whether HK dollars, US dollars, Chinese Yuan, gold, or anything else.
Read More »What the Progression of Inflation Means For the Price of Gold (+3K Views)
Inflationary periods are highly unjust. They undermine the ethics of hard work and thrift. They destroy solidarity, lead to widespread hardship and often to social unrest. Gold, in contrast, has been the best hedge as investors seek to protect themselves against the large purchasing power losses of inflated currencies.
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