fiat money

Guest Post: The Wizard of Oz and Your Money…Is a Return to a Gold Standard Really Best? (Part 2)

April 4, 2012
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Greetings! We left off on Monday with our discussion of gold-backed money versus non-gold-backed money, determining whether or not it is important to have our money supply backed by some form of “sound” or “true” or “real” money such as gold or silver or whiskey (or Tide detergent? Read today’s article to find out more [...]

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What Is Money? (Part 3)

February 20, 2012
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(Part 1: History of Money) (Part 2: Fractional Reserve Banking, You, John, Steve, Sarah) (QnA: Inflation) We left off on our juicy story of money with the basics of fractional reserve banking under a gold standard, using our example of you, John, Steve, and Sarah and how the banks had magically created money (currency) out [...]

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The Book That Changed My Life

October 13, 2011
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More Mystery and Intrigue…Just What the Heck IS the “Fed”, Anyway? So I’m declaring today to be “Conspiracy Theory Thursday” and we’re going to talk about one of the biggest, juiciest conspiracy theories out there— the Federal Reserve. Just what the heck IS the Federal Reserve, anyway? Well, let’s start with what it isn’t: It’s not [...]

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What Happened To Your Money? (Part 2)

October 11, 2011
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In a previous post we discussed one of the ways in which the government legally “steals” your money (via taxes). But unfortunately, taxes are only ONE of the ways that the government legally steals your money… There is also another, even MORE insidious way… Inflation (The Hidden Tax) That’s right, inflation. (Yawn….I know I know, I [...]

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