Monday, 27 March 2017

Monthly Archives August 2011

Is Gold Money in the U.S.? What is a Dollar?

Posted by Gonzalo Schwarz
August 30, 2011

From the Federal Reserve: “’Is gold money?’ [Texas Congressman Ron Paul] asked.  Clearly bothered, [Federal Reserve Chairman] Bernanke told the representative, ‘No. It’s a precious metal.’” From the U.S. Mint: “Immediately afterward, Mint Director Fore held a ceremony on the auction floor to make the Double Eagle [gold coin] legal tender. ‘In order to monetize […]

Read More

Monetary Summit Today in Utah

Posted by Alex Chafuen
August 30, 2011
in Events

I am planning to join some of the sharpest minds in business, finance, politics, law and economics, who are working to promote a framework for the future of monetary policy.  With the dollar’s slide accelerating and the economy trapped by slow growth and rising inflation, the world is calling out for sound money.  What will […]

Read More

Congressman Mike Pence and Judy Shelton on the destructive moral and economic effects of monetary manipulation

Posted by Alex Chafuen
August 25, 2011

Atlas and FreedomWorks, each with its own mission, work to promote educational programs in favor of sound money, this 5 min video Congressman Mike Pence and Judy Shelton on Sound Money has Congressman Mike Pence and Judy Shelton, co-director and great star of our sound money project, making outstanding points.  Contact C-Span to purchase the […]

Read More

That “Giant Sucking Sound”? It’s the Fed

Posted by Gonzalo Schwarz
August 23, 2011

From the Washington Post: “Citigroup Inc. and Bank of America Corp. were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits. By 2008, the housing market’s collapse forced those companies to take more than […]

Read More

The shrinking dollar: who should go to the shrink?

Posted by Alex Chafuen
August 22, 2011

Until recently, paper money advocates regarded those who pushed for letting the market choose gold or defining the monetary yardstick as a certain amount of gold as lunatics.  Look at this video and see who should be sent to the psychiatrist http://www.youtube.com/watch?v=jDXjWH836-4&feature=player_embedded The shrinking dollar

Read More