WealthCycles Video Report - February 2015
When the powers that be set up a game and you refuse to play it because you're such a moral person, you end up losing to all of the people who are immoral. This is why we all need to start pointing out moralities and immoralities and try to live better as a people.
WealthCycles Video Report - January 2015
When small and medium-sized businesses are dying faster than they're being born, so is free enterprise. And when free enterprise dies, America dies with it.
WealthCycles Video Report - December 2014
The IMF is creating an I.O.U. for currencies that are an I.O.U. for bonds that are a promise to tax the citizens of each these countries out in the future, so the Special Drawing Right is nothing but a Ponzi scheme.
WealthCycles Report - November 2014
The minimum wage makes it so if you want to pay the kid down the street $5 an hour to mow your lawn, you're breaking the law.
Depressions Are Depressing
The problem is that there will always be people in charge who are overly confident and think they can do no wrong. These people have the hubris and blatant arrogance to think that they can control things… that they know more than the information contained in the sum of all transactions… that they know more than the free market.
Bumps, Dips, Bubbles, and Storms - Part 2
"There is a reckoning that occurs every so often in world history. It is a time when debts are paid, when wars are fought, when disease ravages and passes through a land, when the corn does not grow like it used to, or when the forces of nature itself delivers a brief catastrophic blow. On Black Tuesday, the reckoning of several years of boom, which was based in large part on credit, came due. "
It is my goal, within these pages, to bring to the reader an understanding of money... what it is... why and how it was created... and a history of how it has been used, abused and manipulated. For he who studies the past is often granted a glimpse of the future.
The Golden Rule - 1871 to 1913 Classical Gold Standard
Then something magical happened... international trade and foreign investment exploded! Countries found it more advantageous for their economies to end the protectionism that was considered normal and engage their neighbors in trade. Barriers fell, tariffs were eliminated, and a new era of international business and prosperity was ushered in.
It's Not Easy Being Green - Lincoln's Greenback vs. the Confederate Dollar
The Continental - The First U.S. Hypernflation
"If in the pursuit of the means we should unfortunately stumble again on unfunded paper money or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy. Paper money will invariably operate in the body of politics as spirit liquors on the human body. They prey on the vitals and ultimately destroy them. Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice." George Washington, January 9, 1787