Tag Archive for Money

Money matters

© Tax Credits

Recent developments in the Republican Presidential platform debates in the US have been most encouraging to proponents of sound, commodity-based money. Regardless of whether anything substantial materialises from them in the short-term, the mere fact that gold standards and central bank audits are being discussed openly and seriously at the heart of a major political…

Krugman’s unlikely reading of Rand

krugman-water-commonwealth.club

Paul Krugman writes: … Ryan has said that his views on monetary policy are based on Francisco d’Anconia’s speech in Atlas Shrugged. Aside from revealing just how much of a Rand fanboy Ryan is — urban legend, my foot — this is interesting because that 23 paragraph speech isn’t just a call for the gold…

Green QE — Is This the Worst Idea Ever?

I thought the Austerity Curve was mental. But the Green Party’s Green QE idea is beyond mental — it’s batsh*t crazy… They genuinely seem to believe you can create money out of thin air… Green MP Caroline Lucas (Brighton Pavilion), who has welcomed the report, said: “It is understandably difficult for people to get their…

Move Your Money Campaign Won’t Change Banking

The Left never fail to disapoint. You can’t hate them for it because many of them genuinely do care. But they so often miss the point. And the new Move Your Money Campaign is a case in point… Why Move Your Money? We all know that the banks have failed us and something has to…

Is this where we’re heading?

zim

I bought this on ebay last week: Yes you read that right, a 50 Trillion Zimbabwe dollar bill, issued in 2008. How much was this worth you ask? It cost me £1.70 (plus postage).  Even Mugabe and co have finally realised that this is ridiculous, and abandoned the currency in 2009- since when US, SA…