October 22, 2018
In parts 1, 2, and 3 of this series we covered how, if a society is left to its own devices, a commodity of some sort will emerge as a form of money. Whether it be seeds, butter, seashells, gold, … read more The History of Money Part 4—The Time Traveler Among Us
October 21, 2018
The Old Farmer I recently visited with an old farmer in a nursing home. At ninety-five, his body was beaten up from years of hard work, but his mind was still sharp as a tack. I took a look at … read more The History of Money Part 3—The Good Ol’ Days
October 20, 2018
In Part 1, we covered how the Dollar originated, and learned that a Dollar was originally a measurement of a specific quantity of gold or silver. Specifically, one dollar meant a coin consisting of 375.64 grains of silver, or 15.238 … read more The History of Money Part 2—From Thaler to Dollar
October 19, 2018
One of the most overlooked subjects in public education is the history of money. How it’s made, what it is, who is in charge of it, and where it comes from. Most of us hardly give it a second thought, … read more The History of Money Part 1—The Thaler
May 16, 2018
Last week, we posted part one of Keith Weiner’s report on why he believes the LONG-term trend of falling interest rates has not changed. Here is part two of his well written report. The Demand to Hoard by Keith Weiner … read more The Great Experiment Part 3—The Case for Lower Rates
May 9, 2018
Interest rates are rising. Will they continue? In our first In-Depth series on the subject, we discussed how falling rates fleeced the elderly of their retirement. On a long-term chart, there is no doubt that rates have been steadily falling. But … read more The Great Experiment Part 2—The Case for Lower Rates
May 8, 2018
Economics is a funny thing—you can fill a room with economists and ask a seemingly elementary question like, “Define inflation for me,” and you’ll find there is no clear answer. One may talk in terms of rising prices, while another … read more The Great Experiment Part 1—Falling Interest Rates and the Fleeced Retiree