The United States is marked by a philosophical division between the founding leaders who wanted to create a strong centralized national government and those who advocated a decentralized, libertarian model. Initially, the Nationalists lost—but they didn ...
Tag: financial education
Feature - March 21st, 2012
Feature - February 22nd, 2012
Governments throughout history have repeated a pattern: they establish a currency, usually backed by something real such as gold or silver; they overspend to pay for wars or popular amenities; they debase the currency to accommodate overspending until t ...
Feature - February 15th, 2012
Nowhere in the world is gold a more significant cultural touchstone than India. Last Sunday, CBS broadcast news magazine 60 Minutes examined India’s deep cultural and religious attachment to gold , a connection that has made India one of the world’s ...
All terms: BRICs, buy gold, Current Analysis, fiat currency, financial education, financial history, Gold, India, Monetary History, Money
Blog Post - May 2nd, 2011
How do you turn a frozen rock into a bustling financial center? The answer is quite simple: fiat currency and fractional reserve banking unfettered by rules, regulations, and market discipline. While debt and the carry trade played an important role, Ic ...
Blog Post - March 29th, 2011
A few months, back we presented a fun little video called “We Need Money,” a classic toon about the history of money and currency.
Sometimes, it's hard to believe that Scrooge McDuck knew more about money than Ben Bernanke. McDuck &n ...
All terms: financial education, Free Market, Government, Hyperinflation, Inflation, Paper, Entertainment
Feature - March 23rd, 2011
An illusion is a false mental representation or a distortion of our senses—our minds tricking us into believing something that isn’t really true. We have all seen optical illusions before; they are prevalent simply because vision dominates the human sen ...
All terms: Behavioral Finance, financial education, Human Bias, Wealth Cycles, Fundamentals
Blog Post - March 4th, 2011
Listen in as Michael Maloney, author of Guide to Investing in Gold and Silver , David Morgan, author of Get the Skinny On Silver ; Franklin Sanders, co-author with the late James Blanchard of Silver Bonanza: How to Profit From t ...
Feature - March 2nd, 2011
In his 2008 book, Guide to Investing in Gold and Silver , Michael Maloney invoked the possibility that the price of silver would eventually catch up to or surpass the price of gold. Then, most savvy investors would have scoffed at such a notion ...
Feature - January 26th, 2011
The reason the global monetary system survives is largely thanks to the public’s blissful ignorance of exactly how it works. To paraphrase one familiar analogy, if you knew how sausage was made, would you still eat it? It’s probably safe to say that the ...
All terms: economic trends, fiat currency, financial education, global economy, Monetary System, How To
Feature - January 10th, 2011
Speculative bubbles have been the villain in many of the world’s major economic crises—from the Great Depression of the 1930s to the Dot-Com bubble of the 1990s to the real estate bubble that set off the Crash of 2008. A bubble can bring fabulous wealth ...