Mention the term “legal tender” in polite company and most people will resemble a deer in the headlights. In simple terms legal tender laws grant monopoly status to money, usually fiat, produced by government; i.e., [more…]
Here’s a challenge for readers: Stop reading right now and write down at least five threats to the US. Rank them in order of most serious at the top. Ask family members or friends to [more…]
It’s no secret that governments and central planners of all stripes have long detested the rise of private money and independent digital currencies. They have tried to stifle the burgeoning crypto industry from the moment [more…]
Introduction Everybody knows how to use money, but very few people understand what it really is, or how it works. You might think people who work in finance and banking understand money, but I’ve not [more…]
I had vaguely heard of the Latin Monetary Union and decided to do some research for this article after viewing some gold coins from this period on an auction website. The Latin Monetary Union (LMU) [more…]
Let me make something clear at the outset of this article. I am a bitcoin supporter, I own bitcoin & the concept is brilliant & I have supported & observed it for years. Glad I [more…]
Several comments and questions on my last essay deserve a thoughtful response, which is the theme of today’s essay. You may recall its references to today’s dependency culture – the “expectation syndrome” that fuels the [more…]
“[Johnson had] the utter inability to comprehend the questions of morality or ethics raised by his actions, an utter inability to feel that there was even a possibility that he had violated accepted standards of [more…]
“The number of votes at the patrónes’ command was not necessarily limited by the number of eligible voters. Since voters over the age of sixty were not required to pay poll taxes, and since poll [more…]
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