Bank of Japan (BOJ) continues to take its turn at reflating the global economy via various forms of currency creation. In its semi-annual report, Japan’s central bank announced it would increase the total quantity of printing by an additional 10 tril ...
Tag: financial history
Blog Post - April 30th, 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
Feature - January 11th, 2012
It’s fairly simple to see why Wall Street is an easy target. The monied status quo is always a target for the ire of the little guy. But beyond hating those who achieve financial success, a largely unproductive activity, it’s worth understanding what Wa ...
Feature - December 28th, 2011
As the year comes to a close, it is an oddly human behavior to review what happened over the past full turn of the calendar. For all intents and purposes, the end of December is as important as, say, the end of August—nothing really changes. It might be ...
Blog Post - September 26th, 2011
At WealthCycles.com we often tell people that they should try to ignore the short-term noise caused by traders and a trigger-happy media and instead focus on the big picture—the fundamental forces that drive economies and move the world in new ways. But ...
Blog Post - June 2nd, 2011
There is a article today by the New York Federal Reserve about the mistake of 1937 .
The gist of the blog post states that when FDR took office there was a policy of reflation. The idea was to re-inflate prices to their pre-depre ...
Blog Post - May 12th, 2011
One of the precious few things that politicians, historians, and economists can all agree on is that policy makers blew it in the Great Depression. During the singular moment when they should have most allowed free markets to take care of things—the ...
Blog Post - April 19th, 2011
Analysts are calling the recent spike in gold prices the “perfect storm,” with global political turmoil, a weak dollar; and growing inflation in the Eurozone, emerging economies, and in the United States—despite the fact the U.S. Federal Reserve is stil ...
All terms: buy gold, Central Banks, Commodities, Currency, Debt, economic history, financial history, Free Market, Gold, Gold Rush, Government, Short Term Noise
Feature - February 8th, 2011
The global economy of 2011 is incomparably larger and more complex than the German economy of the early 20th century, but government interventions in the free markets and the societal psyche are hauntingly similar.
The deprivations of World War 1 an ...