Showing posts with label dollar. Show all posts
Showing posts with label dollar. Show all posts
Sunday, July 7, 2013
The Dollar Death Spiral
The creation of the Federal Reserve Bank was authorized by the United States Congress by a narrow majority vote just before congress went on break for the Christmas holiday in 1913. Its existence was born out of manipulations from the banking elite of the time. The directive for the newly formed Federal Reserve was limited, however as time passed, this budding banking institution became a central planners dream for all things monetary.
The ownership of physical gold was banned in 1933 by President Theodore Roosevelt. Eleven years later at the end of WWII allied powers were finally victorious in the creation of an international monetary treaty in Bretton Woods New Hampshire. In 1944, the Bretton Woods Agreement was born where it was agreed upon to use the dollar as if it were gold by backing the dollar with real gold at 10% using a pegged value of $35.00 per ounce...
Sunday, May 19, 2013
American Debt and Its Consequences

These days the politicians elected into government and tasked with responsible policy making, don't have the political will do right thing. They refuse to turn things around, to stop the slow train wreck that's approaching. Some believe this slow train wreck will arrive sometime around 2015. This train has been built upon the tracks of circumstance, with decisions that were created re-actively, thus now it's running out of control…
Saturday, February 2, 2013
Economics 101 – Excess Money Equals Inflation
The government can print money. So why don’t they simply print more and then give it away to everyone? Certainly this would alleviate poverty and stimulate the economy. Within modern economic societies money is used so intensely, that many times people forget what money really is and why we use it.
Why was money invented?
Before money came along, people got what they wanted by trading things between one another so in the end both people would receive what they wanted. Economists call this method of exchange or the barter system. Bartering however was a very inefficient system because you had to seek out someone who had what you wanted…
Why was money invented?
Before money came along, people got what they wanted by trading things between one another so in the end both people would receive what they wanted. Economists call this method of exchange or the barter system. Bartering however was a very inefficient system because you had to seek out someone who had what you wanted…
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Saturday, December 15, 2012
Worlds Reserve Currency, The Dollar Threatened!
The US dollar once again is under attack as the world’s reserve currency. Late December of last year the world’s second and third largest economies Japan and China held important discussions, coming to an agreement for opening up currency swap lines between the two countries.
Swap Lines
The Prime Minister of Japan Yoshihiko Noda and the Premier of China Wen Jianbao agreed to conduct bilateral trade. The agreement to open currency swap lines between the two currencies will also be forgoing the use of the dollar for trading in the future. The two countries have a long history in the past of not being able to agree mutually on foreign policy decisions or economic issues. However this time around they both agreed that trading between the two…
Swap Lines
The Prime Minister of Japan Yoshihiko Noda and the Premier of China Wen Jianbao agreed to conduct bilateral trade. The agreement to open currency swap lines between the two currencies will also be forgoing the use of the dollar for trading in the future. The two countries have a long history in the past of not being able to agree mutually on foreign policy decisions or economic issues. However this time around they both agreed that trading between the two…
Sunday, September 16, 2012
Sound Money - Can Change Governments
Sound money should be the only acceptable means of payment or credit used during these insane times when all major countries are fighting to survive with “record setting” government debts. Governments must all revert back to a sound money system to regain fiscal control over their spending habits or face losing everything.
Money – The Beginning
In the distant past, man used bartering and trading as acceptable forms of payment for goods and services. Many items traded included sea shells, salt, tobacco, herd animals, beaded belts, gem stones and gold. This worked well at the time, however there needed to be a better more convenient way to make transactions.
Coins became the first answer to make the exchange of goods and services more convenient. In 600 B.C. the first minted coins appeared, they were minted from an alloy called electrum. This was a combination of gold and silver. Each coin had a specific weight of 4.7 grams and acted as a medium of exchange, division of payment and was also capable of maintaining its value. From the time coins were first minted they gained popularity becoming the best form of money all the way into modern times.
What is Sound Money
In 400 B.C. Aristotle defined what sound money was and what characteristics were necessary to insure sound money. He said that sound money must incorporate all 7 of the following properties…
Money – The Beginning
In the distant past, man used bartering and trading as acceptable forms of payment for goods and services. Many items traded included sea shells, salt, tobacco, herd animals, beaded belts, gem stones and gold. This worked well at the time, however there needed to be a better more convenient way to make transactions.
Coins became the first answer to make the exchange of goods and services more convenient. In 600 B.C. the first minted coins appeared, they were minted from an alloy called electrum. This was a combination of gold and silver. Each coin had a specific weight of 4.7 grams and acted as a medium of exchange, division of payment and was also capable of maintaining its value. From the time coins were first minted they gained popularity becoming the best form of money all the way into modern times.
What is Sound Money
In 400 B.C. Aristotle defined what sound money was and what characteristics were necessary to insure sound money. He said that sound money must incorporate all 7 of the following properties…
Saturday, July 7, 2012
Inflation and the Dollar Crisis
The rate of inflation in the United States has been steadily rising. The inflationary rate is a major, if not the key fundamental factor in determining the actual value of your money. The actual net worth of your dollars can be translated into how much purchasing power your dollars have for buying various goods and services over time.
The rate of inflation in the United States has been steadily rising. The inflationary rate is a major, if not the key fundamental factor in determining the actual value of your money. The actual net worth of your dollars can be translated into how much purchasing power your dollars have for buying various goods and services over time....
The rate of inflation in the United States has been steadily rising. The inflationary rate is a major, if not the key fundamental factor in determining the actual value of your money. The actual net worth of your dollars can be translated into how much purchasing power your dollars have for buying various goods and services over time....
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Saturday, June 2, 2012
United States Debt & The Dollar Crisis
The United States is in the throes of crushing debt, politicians are not doing a good job at all reducing the amount money the government is spending and the national debt only increases day by day.
Increasingly, the unhealthy growth of the American Government borrowing dollars and spending even more dollars has only helped fuel the fire which has been creating instability for the US dollar through increased debt. However, there are other reasons for the occurrence of our current crisis and why the US dollar has been noticed “tanking” by many financial experts. All of the reasons, they said, are actually caused by both the government and the central bank itself...
Increasingly, the unhealthy growth of the American Government borrowing dollars and spending even more dollars has only helped fuel the fire which has been creating instability for the US dollar through increased debt. However, there are other reasons for the occurrence of our current crisis and why the US dollar has been noticed “tanking” by many financial experts. All of the reasons, they said, are actually caused by both the government and the central bank itself...
Sunday, April 22, 2012
The End of the Dollar - Is Heading Towards Us
There is no mistaking it as the world’s largest economy is still bleeding out from the 2007 financial crisis. In spite of the governments questionable attempts to intervene and add buoyancy to the sinking ship “America” foreclosures are still at all time highs, unemployment is way too high and the national debt is over $15 trillion dollars.
Furthermore countries across the planet want out of financing our debt. Their now dumping dollars as fast as possible and either buying gold or other national debt. The overinflating of the US money supply thru QE-1 and QE-2 have caused great concern to countries like China who are now pleading to the US Government to stop inflating the currency as there still holding about 1.3 trillion dollars in their Central Bank...
Furthermore countries across the planet want out of financing our debt. Their now dumping dollars as fast as possible and either buying gold or other national debt. The overinflating of the US money supply thru QE-1 and QE-2 have caused great concern to countries like China who are now pleading to the US Government to stop inflating the currency as there still holding about 1.3 trillion dollars in their Central Bank...
Saturday, March 17, 2012
The Truth Be Told About The Dollar And Gold
I’m here today to share a secret that I exposed, which seems to keep missing out on the nightly news broadcasts. I don’t know why this information has not been at the center of media attention but it should have been in mainstream news several years ago.
For a quite a while now lots of attention has been given in the media regarding the higher costs of living such new state taxes, staple consumer goods, fuel etc. Also for those paying attention you will have seen and heard lot s of information in the news on increasing gold prices. Main stream media has been covering the economy saying all the while it is improving.
However all one needs to do is open their eyes and look to see that many businesses are struggling and shutting down. Is this improvement? We can listen to people telling how they don't have any savings left or money anymore. It’s only obvious the US Economy is getting worse. The value of the US Dollar which has also solely been used as the world’s reserve currency is faltering. Consequently most world currencies are failing along with it. Question: Why is all this happening? What can anyone do?...
For a quite a while now lots of attention has been given in the media regarding the higher costs of living such new state taxes, staple consumer goods, fuel etc. Also for those paying attention you will have seen and heard lot s of information in the news on increasing gold prices. Main stream media has been covering the economy saying all the while it is improving.
However all one needs to do is open their eyes and look to see that many businesses are struggling and shutting down. Is this improvement? We can listen to people telling how they don't have any savings left or money anymore. It’s only obvious the US Economy is getting worse. The value of the US Dollar which has also solely been used as the world’s reserve currency is faltering. Consequently most world currencies are failing along with it. Question: Why is all this happening? What can anyone do?...
Saturday, January 21, 2012
The Steadily Declining Dollar
Today there are some serious inflationary issues facing the US economy. We believe the dollar will soon come under severe pressure possibly within the next year. This brings us to the question: why has the US. Government let the value of the US. Dollar fall so much?
In response this question we will need to take a look back into history. Since 1944, following the well-known summit of the global central bankers at Bretton Woods, New Hampshire it was determined that the US. Dollar would become the world's reserve currency...
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