Thorsten Polleit’s recent essay, The Road to a Single Fiat World Currency, explains the dangers of the current trend in the West to eliminate cash and create a world fiat currency in the place of [more…]
Starting around 1989 the Soviet empire started to crumble. The time period between the forming of NATO in the late 1940’s and the retreat of Russia from Eastern Europe and the eventual collapse of communism [more…]
For many months now Alasdair Macleod of Goldmoney.com has been writing about the efforts of a group of non-Western nations, led by Russian economist Sergey Glazyez, to establish a new settlement system for international trade. [more…]
The Imperative for Change The purpose of this essay is not to convince the reader of the necessity for change. It is to present some common sense policy changes to prevent or perhaps mitigate the [more…]
Is it possible, or perhaps even desirable, for economic freedom and progress to be compatible with authoritarian government? Let’s cut right to the chase. Although some may believe so, this is a fallacy. Freedom is [more…]
According to Wikipedia, Bernie Madoff ran the world’s largest Ponzi scheme, with losses estimated to be as high as $65 billion. Madoff promised to invest his customers’ money in productive enterprises and pay them generous [more…]
The term “White Privilege” is the term being used as a justification for all kinds of reverse-discrimination policies and even as Mao-style forced confessions of captive audiences, such as school children and employees of government [more…]
Despite much anticipation the economic recovery plan proposed by Britain’s Tory Party after the departure of former prime minister, Boris Johnson, is missing one key ingredient that will ensure its failure–spending cuts. The new “temporary [more…]
The end of world dollar hegemony is coming and hardly anyone in government is taking notice or even understands what this means. Since the Bretton Woods Conference in 1944, the dollar has been the only [more…]
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