Wednesday, August 17, 2016

Driving a Fiat Currency into a Tree

August 31, 2009 by · Leave a Comment 

By The Mogambo Guru Floy Lilley at the Mises Institute, in her essay at, notes that the gold-standard dollar “provided us with nothing less than relative peace and prosperity over a span of 136 years” until that fateful year, 1913. So how does she quantify “relative peace and security”? Well, one good way is [...]

U.S. Government Buys Hypocrisy With Fiat Currency

March 27, 2009 by · Leave a Comment 

Doug Noland of has found all kinds of interesting things this week, especially if you enjoy heart palpitations and crushing chest pains, which is what you get when you read Mr. Noland reporting that “The M2 (narrow) ‘money’ supply surged $39.8bn to a record $8.343 TN (week of 3/9)” which means, “Narrow ‘money’ has [...]