Category: Fiat Currency
The analysis published under this category are as follows.
Saturday, September 12, 2009
Governments Competing to Keep Their Currencies Weak / Currencies / Fiat Currency
By: Bryan_Rich
Many governments are warning about the risks that may undermine economic recovery. And a lot of that concern is surrounding the value of their currency.
Since March, most currencies have risen sharply against the U.S. dollar. As investor appetite for risk has progressively improved, there has been less demand for the safe haven value of holding dollars and more demand for higher risk/higher return foreign currency denominated investments.
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Friday, September 11, 2009
Axel Merk Makes a Case for Diversified Currency Funds / Currencies / Fiat Currency
By: The_Gold_Report
Having pioneered the currency asset class as head of Merk Investments, LLC, Axel Merk suggests that these times�with inflation looming, the U.S. dollar failing, equity markets remaining volatile and economic recovery stumbling�might call for investors to further diversify their portfolios with baskets of foreign currencies. Axel, who strongly recommends The Gold Report as a "brilliant resource" in his about-to-be released book (Sustainable Wealth: Achieving Financial Security in a Volatile World of Debt and Consumption), looks at the wider picture too. For instance, he tells us that while a world reserve currency is impractical, ungovernable, unworkable and unlikely, diversification within each country's reserves would make sense in the global economy.
Tuesday, September 01, 2009
Driving a Fiat Currency into a Tree / Currencies / Fiat Currency
By: LewRockwell
Richard Daughty writes: Floy Lilley at the Mises Institute, in her essay at LewRockwell.com, notes that the gold-standard dollar “provided us with nothing less than relative peace and prosperity over a span of 136 years” until that fateful year, 1913.
Friday, August 28, 2009
A New World Currency, The Valun Mutual Money Plan As Conceived By E. C. Riegel / Currencies / Fiat Currency
By: Christopher_Quigley
The current economic crisis has brought into broad focus the failings of Government issued money. As pointed out brilliantly by E. C. Riegel in "Flight From Inflation" and "A New Approach To Freedom", the failure of a fiat currency is that it is issued by institutions that provide no enterprise value and thus cause inflation. Inflation is a tax, pure and simple. Debt monetization is deferred bankruptcy. Bankruptcy leads to usurpation. Usurpation can only lead to either of two ends: war or tyranny. Tyranny will take either of three forms: Socialism, Communism or Fascism. All three metastasize through political money. Its enemy is enterprise money.
Wednesday, August 12, 2009
Take Gold as U.S. Dollar and Euro Both Set to Fall / Commodities / Fiat Currency
By: Money_and_Markets
Claus Vogt writes: In 1999 Europe started a unique monetary experiment by introducing a common fiat currency, the euro. Today, the euro is legal tender in 22 countries. There are, however, huge disparities between the economies and policies of these countries, which makes for equally huge conflicts of interest. This was one of the main concerns of the euro’s opponents before its introduction.
Saturday, July 11, 2009
How To Create a New World Reserve Currency / Currencies / Fiat Currency
By: LewRockwell
Gary North writes: For several months, there have been news reports of announcements by bureaucrats in China and politicians in Russia about the need for a new reserve currency to replace the U.S. dollar. One suggestion: substitute the non-currency known as the SDR (special drawing rights) of the non-governmental, non-central bank IMF (International Monetary Fund).
Tuesday, July 07, 2009
VIDEO: Fiat Money Creation and the Role of the Rothchilds / Politics / Fiat Currency
By: Submissions
FluorideinWater writes: If my sons did not want wars, there would be none.” ~ Gutle Schnaper, Mayer Amschel Rothschilds wife
Monday, July 06, 2009
Fiat Currencies Race To Zero Acceleration A Certainty / Currencies / Fiat Currency
By: Captain_Hook
Just when you think you have it figured out – bang – something changes. And present circumstances are no exception to this rule. Last week it appeared conditions were forming to sponsor a significant sell-off in stocks / equities this summer / fall, where a combination of sentiment and internals were moving into alignment in this regard. Not out of character in a mature market environment however, speculators stepped up put buying at expiry late last week, which has materially altered the sentiment backdrop, and correspondingly the prognosis for stocks moving forward.
Sunday, July 05, 2009
Fiat Money in Death Throes / Currencies / Fiat Currency
By: Professor_Emeritus
"Banking was conceived in iniquity and born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take away that power, and all the great fortunes like mine will disappear -- as they ought to in order to make this a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, then let them continue to create deposits." ~ Sir Josiah Stamp (1880-1941), one time governor of the Bank of England, in his Commencement Address at the University of Texas in 1927. Reportedly he was the second wealthiest individual in Britain.
Saturday, July 04, 2009
Green Shoots of Economic Recovery and Other Bernanke Lies / Politics / Fiat Currency
By: LewRockwell
"And I don't give a damn about a greenback dollar. Spend it as fast as I can."
~ Hoyt Axton and Ken Ramsey, 1962
Sunday, June 21, 2009
The Crime of Committing Sound Money / Politics / Fiat Currency
By: LewRockwell
Betsy Hansen writes: Until we abolish legal tender laws, all attempts on the part of entrepreneurs to set up gold and silver banking institutions will be labeled as "a tax evasion scheme to hide income."
Wednesday, June 17, 2009
BRIC Countries Flying Kites For Independence from the American Financial System / Currencies / Fiat Currency
By: John_Browne
This week, the BRIC countries (Brazil, Russia, India, and China) conspicuously gathered in Moscow for their first-ever economic summit. Although these countries are divided by culture and geography, they are united by healthy economic growth and their concern about unprecedented levels of U.S. debt and the safety of their respective reserves.
Sunday, May 31, 2009
Panacea For a Mismanaged Nation is Inflation of the Currency / Currencies / Fiat Currency
By: Michal_Matovcik
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” Ernest Hemingway
Saturday, May 23, 2009
Lack of a Credible Alternative Global Currency to the U.S. Dollar / Currencies / Fiat Currency
By: Pravda
A crisis is not a good time for seeking alternatives to the US dollar. Most likely, the dreams about new regional currencies will be put aside. The countries, which originally supported those ideas, gradually change their minds. The United Arab Emirates refused to participate in the Arab currency union. The expansion of the euro zone is not likely to happen in the nearest future. The Russian ruble is no longer ambitious either.
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Thursday, May 21, 2009
How to Become An INSTANT Billionaire! / Currencies / Fiat Currency
By: Investmentscore.com
To measure ones wealth, the "price" of ones assets is not very important but the "purchasing power" or "relative value" is very important. Understanding this difference may be one of the most important concepts an investor can learn. To become an "instant billionaire" simply measure the "price" of your investment portfolio in Zimbabwean Dollar's instead of your local currency.
Thursday, May 21, 2009
The Fiat Currencies Death March, Got Gold? / Currencies / Fiat Currency
By: Darryl_R_Schoon
The past has condemned us. Only the future can save us- We live in extraordinary times. Poised between the past and the future, never has the present been so uncertain. But, when certainty comes, it will be in the form of a scythe and ducking will be the only option.
Thursday, April 30, 2009
Aristotle and the Definition of Money / Commodities / Fiat Currency
By: John_Lee
There are countless tips on how to make money. This article is not about that. Rather, we examine the definition of money, what makes good money, and how some bad monies stay bad while others have become acceptable through new ideas and technology. In the end we will talk about how money and currency will evolve in the future.
Friday, April 10, 2009
U.S. States Start to Print Their Own Currencies / Politics / Fiat Currency
By: Pravda
Many U.S. communities are creating their own currencies now. They try to help consumers and companies to fight the global financial crisis and the recession . Read full article... Read full article...
Friday, March 20, 2009
The Great American Banking Experiment with Fiat Currency / Economics / Fiat Currency
By: Andy_Sutton
One of the most common questions that folks who are becoming newly acquainted with terms like ‘fiat money' and ‘fractional reserve banking' are asking is “How did we get here?” For sure, the recent publicity of 21 st Century Tea Parties along with the occurrence of the worst financial crisis in recorded history has people asking questions. In terms of the American obsession with central banking and fiat currency, 1913 is generally identified as the point where the country went wrong. In truth, however, our obsession with funny money has transcended all; including even, the birth of the nation. Read full article... Read full article...
Friday, February 27, 2009
Money Supply and the Purchasing Power of Fiat Currencies / Currencies / Fiat Currency
By: Mike_Hewitt
1. Introduction - In this paper, we analyze the value of money. We consider both paper money and gold. We attempt to relate the supply of money (MS) and gold to their purchasing power (PP). We demonstrate the extent to which printing of money dilutes its value. As a store of value, the value of money is represented by its purchasing power. We compare the ability of paper money and gold to function as a long-term store of value. We conclude that gold is an excellent store of value, while paper money is not. We observe that excessive printing of paper money is the ultimate cause for the inability of paper money to function appropriately as a store of value. Read full article... Read full article...