America
We Have Met the Enemy…
The above is the first half of a famous cartoon quote from the early 1950’s which was reborn, so to speak, on Earth Day 1970. At the end of this short article I will give [more…]
US Dollar
America
Confidence Is Essential for a Fiat Currency
Since fiat currencies, per se, are not redeemable for anything other than themselves, their very existence depends upon confidence. The issuing authority must not inflate the currency’s size to the point that it begins to [more…]
20th Century
The War we think ended in 1945
Most people believe World War II ended in 1945. In reality, its most important consequences were only beginning. The fighting stopped. The maps were redrawn. The narrative was presented as settled—and fixed in place. But [more…]
America
The Path to a Free, Secure, and Prosperous Society
As I write this on Sunday, March 8, 2026 the US is at war with Iran. There has been much propaganda leading up to the joint US/Israeli attack. One, that Iran is a threat to [more…]
Economics
This is fine………
The world has been quietly and stubbornly walking away from the US dollar and US Treasuries the last half decade. Now, that walk is becoming a march, and “quietly” is turning to “loudly”. Some in the financial [more…]
America
The Dollar Price to Redeem an Ounce of Gold
In a recent article I pointed out that the surest path to saving the fiat dollar from destruction was to make it fully redeemable in gold at whatever that price happened to be on a [more…]
20th Century
A Golden Yuan Will Be Good for the American People
Bretton Woods (I) Will Be Replaced by Bretton Woods (II) In his recent interview at Manioco64 Alasdair Macleod used the term “Bretton Woods II” to describe the steady progress being made by China to make [more…]
Economics
How to Stop the BRICS Nations from Abandoning the Dollar
The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc and trade settlement system that uses the dollar. These nations have [more…]
America
Gold Will Destroy Keynesian Fallacies
Great forces are in place to change the world in which we have lived since the end of the Bretton Woods Agreement in 1971. These forces cannot be stopped. The leaders of Western democracies are [more…]