Creating Wealth

They say rocket science is complicated but I don’t think it holds a candle to understanding the economy, currency, the markets and what makes them work. If you study rocket science you basically … [Read more...]

People Taking Charge

In this book we have covered numerous ideas for change that could benefit the country. There are others out there presenting many other ideas good and bad, practical and impractical. Every so often we … [Read more...]

Narrowing the Focus

Before we look at what will work in keeping our government responsible as far as creating and spending money is concerned let us first look at what will not work. (1) Elect good fiscally … [Read more...]

The New Greenback

There are a lot of different economic theories and ideas for an improved currency but one thing most thinkers have in common is this. The current system has a lot of flaws, is unstable and needs an … [Read more...]

The Ideal Money

So what would be the basis of the ideal money system? Before we can answer that we should list the ingredients of such a system. If we do not know what we are looking for there is not much chance of … [Read more...]

A Time for All Things

Objection 3 You want to create a fiat money system under government control with central planning. Money should be created by private enterprise for the private sector is always better and more … [Read more...]

A Flawed Money System

Objection 2 Just look at the fiat money system we have now. It just doesn’t work. Every year the dollar is worth less than it was the year before and there are recessions and boom and bust … [Read more...]

Examining Fiat Money

Some may wonder why I have spent so much time dealing with the gold standard and fiat money. The reason is quite simple. There are two kinds of people in the world as far as economic theory goes. … [Read more...]

Romney & Hot Air

LWK links to this Romney quote asking if he is full of hot air. “I don’t speak for the scientific community, of course,’’ Romney said. “But I believe the world’s getting warmer. I can’t … [Read more...]

Fiat Money of the Past, Part 6

German Money Of all the incidents of failed money in history the poster child of bad money is that of the Weimar Republic of Germany in 1923. Unfortunately, this is often used as an example of why … [Read more...]