Introduction By Patrick Barron In keeping with the medical theme of the following essay by Dr. Nicholas Bednarski and Phil Duffy, their conclusion about damage done by the response by government, the media, and the drug [more…]
Introduction By Patrick Barron In keeping with the medical theme of the following essay by Dr. Nicholas Bednarski and Phil Duffy, their conclusion about damage done by the response by government, the media, and the drug [more…]
Introduction By Patrick Barron In keeping with the medical theme of the following essay by Dr. Nicholas Bednarski and Phil Duffy, their conclusion about damage done by the response by government, the media, and the drug [more…]
We are all aware daily of our ongoing “conflict” with our new chief “adversary” in the world, the Chinese Communist Party. Warnings about the need to increase defense spending to prepare for possible war with [more…]
Transfer of our capacity to manufacture goods and mine energy and resources to developing countries served to endorse our virtual assets as we established and dominated new markets with economic colonialism. Ludwig von Mises noted [more…]
FDR had abolished private ownership of gold money but retained gold as the underlying asset for U.S. currency, exchangeable one for the other. Variations in the price of U.S. currency in ounces of gold served [more…]
One of Say’s Laws holds that “we produce to consume”. This is certainly the underlying theme of the Industrial Revolution with its accompanying exponential growth in production of technology, communication, and energy utilization. While private [more…]
Banking came up with its own methods of inflating the supply of legal tender-fiat money, fractional reserve lending. A bank comes to know (a version of the dispersal of knowledge of the market) how much [more…]
Prior to written documents being exchanged as representations of mutually agreed perceived value, the concept of money arose amongst multiple trading groups. This may have taken place prior to the credit/debit system as a substitute [more…]
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