The Modern State Cannot Exist without Fiat Money
Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.
Gold Standard
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The Rise and Fall of Good Money: A Tale of the Market and the State
Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.
How Can We Restore Freedom and Sound Money in the US and the UK? Some Ideas
It is no secret that freedom, both socially and economically, are disappearing in the USA and Great Britain. The consequences will be most severe if we do not reverse these patterns.
The Present Fiat Monetary System Is Breaking Down
The fiat monetary system is slowly breaking down, taking the economy with it.
The Great Depression’s Patsy
Poplular history says that massive government spending—made possible by ending the gold standard—ended the Great Depression. As usual, popular history is wrong.
The Present Fiat Monetary System Is Breaking Down
The fiat monetary system is slowly breaking down, taking the economy with it.
A Short Essay on Sound Monetary Policy
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules.
Rome’s Runaway Inflation: Currency Devaluation in the Fourth and Fifth Centuries
No matter the historical era, governments have excelled at one thing: debasing their own currency. Rome was no exception, as Roman government excesses required inflation—lots of inflation.
The “Barbarous Relic” Helped Enable a World More Civilized than Today’s
John Maynard Keynes derided gold-based money as a "barbarous relic," yet it was gold that enabled a long regime of honest money -- and the advance of civilization.
The Economic Super Bowl: 1920–21 versus 1930–31
By all measures, the economic downturn that began in 1920 was worse than what occurred in 1930, yet the economy recovered quickly in 1921. Why the difference?
