Showing results for tag "currency"
Are governments clamping down on your right to travel with gold and silver coins?
At some point it’s gonna be curtains for all these worthless little pieces of paper governments around the world have forced people to use as money.
The real reason gold and silver have been recognized as the best long-term stores of wealth for millennia.
In a world dominated by constantly depreciating government fiat currencies, gold-backed digital currencies are a convenient way for ordinary people to protect their wealth.
Bitcoin flourishes in times of dire uncertainty. Indeed, it was forged in the crucible of the 2008 financial crisis.
Never before has so much fake money created so much fake prosperity and faked out so many people.
Cryptos are in a secular bull market that will last at least another ten to twenty years. Even now we are still at the very beginning. You don’t depend on anyone else for the safekeeping of your funds. You are the bank.
An honest banker should no more lend out demand deposit money than Allied Van and Storage should lend out the furniture you’ve paid it to store
We had never previously spent even two minutes thinking about Turkey or its finances. But then, after the president roused our curiosity, we saw what we think was a glimpse of the future.
It’s a very good thing that coins in the crypto world must sink or swim based on their own merits, that there is no “lender of last resort” on standby to bail them out if they misbehave.
Since before the days of currencies, people have sought to keep their wealth safe – to store it where it wouldn’t be stolen from others
Yesterday I told you about the unstoppable trend towards more socialism in the US. I think inflation is the primary factor driving this trend. Americans feel squeezed because the cost of rent, medical insurance, and tuition, as well as other basic living expenses, is rising much faster than their wages. This creates very real problems […]
Fight for $15! This was the rallying cry of what eventually became the largest fast-food strike in US history. It all started in late 2012, when over 100 New York City fast-food workers walked off their jobs, demanding higher wages. Many made minimum wage. They were struggling to make ends meet as rent, utilities, medical […]
At first blush, Wall Street Journal technology writer Andy Kessler makes a compelling case for why bitcoin’s 2017 meteoric 1,368% rise was not “real.” In an article published on Sunday, July 1, Kessler cites a University of Texas study that argues manipulation was behind half of bitcoin’s 2017 move upwards. The study pins the blame […]
The Decline and Fall of the Roman Empire has been written about many times over the last two millennia, most notably in Edward Gibbon’s six-volume set of books of the same name. However, one significant aspect to the decline began in the fourth century that has received little attention from those who have written on […]