Crazy Days for Money
This article anticipates the end of the fiat currency regime and argues why its replacement can only be gold and silver, most likely in the form of fiat money turned into gold substitutes.
It explains why the current fashion for cryptocurrencies, led by bitcoin, are unsuited as future mediums of exchange, and why unsuppressed bitcoin has responded more immediately to the current situation than gold. Furthermore, the US authorities are likely to suppress the bitcoin movement because it is a threat to the dollar and monetary policy.
This article explains why growth in GDP represents growth in the quantity of money and is not representative of activity in the underlying economy. The authorities’ monetary response to the current economic situation is ill-informed, based on a misunderstanding of what GDP represents.
GameStock Situation Reminiscent of an Earlier Wall Street Manipulation by Insiders
This PBS documentary (with commentary by court economic academia) outlines how the Federal Reserve inflationary monetary policies of the 1920s facilitated a stock market bubble economy, creating a false sense of prosperity and affluence. The economic boom of the Roaring Twenties was built on massive credit expansion and malinvestment, creating distortions in the business cycle. This documentary examines the stock market crash of 1929 with interviews from descendants of several Wall Street insiders.
This book applies Austrian business cycle theory to understanding the onset of the 1929 Great Depression. Rothbard first summarizes the Austrian theory and offers a criticism of competing theories, including the views of Keynes. Rothbard then considers Federal Reserve policy in the 1920s, showing its inflationary character. The influence of Benjamin Strong, the Governor of the New York Federal Reserve Bank
massive blow to this presidency is crazy. look at all the quotes in every single newspaper this morning. you have democrat after democrat saying that the party should be in a panic. you have members of congress openly criticizing the president. you have james carville writing an op-ed saying it s time to fire people inside the white house that things are so bad. you have bill burton, your former top communications guy saying that things are awful for the party and that obama can t win unless things change. like that s bad news. you re losing power with your own base much less independents and republicans. yeah, you said it, jim, bill burton who works in the white house and press shop came out yesterday and said democrats should be very nervous. that coming from inside the obama team. we have breaking news on twitter. benjamin strong, can you say and this is now a hash tag, i think it s going to be a trending topic, cheese curds. save your fat. why are you down on cheese curds
private railroad car to the new jersey railroad station where he and five other men were instructed to come one at a time and everybody pretend they just didn t know each other. aldridge wrote the original bill. he was the father-in-law to john d. rockefeller junior. so there is no special interest happening there. there was also abe ram piot andrew, the assistant secretary of the treasury. frank vanderlip representing rockefeller. davidson with benjamin strong with david and paul worber. he was a partner at coon, lobe and company. he was representing the rothchild banking family. oh, he is going to talk about the rothchilds now. he actually is an interesting character. if you ever saw little orphan annie, daddy warbucks was named after warber. these are the men that
new jersey railroad station where he and five other men were instructed to come one at a time and everybody pretend they just didn t know each other. aldridge wrote the original bill. he was the father-in-law to john d. rockefeller junior. so there is no special interest happening there. there was also abe ram piot andrew, the assistant secretary of the treasury. frank vanderlip representing rockefeller. davidson with benjamin strong with david and paul worber. he was a partner at coon, lobe and company. he was representing the rothchild banking family. oh, he is going to talk about the rothchilds now. he actually is an interesting character. if you ever saw little orphan annie, daddy warbucks was named after warber. these are the men that represented one-fourth of the