You can trust the prolific and ever-entertaining British author Dominic Frisby to produce a most timely book on a most relevant asset class. In The Secret History of Gold: Myth, Money, Politics & Power, released last year in Britain...
Anyone who looks at fiat currency long enough, eyes wide open, usually comes to the conclusion that this is an upside-down world.
In a monetary economy, the money layer “exists on top of” real economic decisions, actions, and processes. When the money layer faithfully mirrors the underlying real economy, it maximally serves its purpose; a stable, neutral, non-...
Last time this much gold crossed the Atlantic, the French were repatriating their gold reserves from New York — in the 1960s, a few years before the gold-based Bretton Woods monetary system collapsed. The time before then, in July 1940, ...
If you make your currency less usable — say, by running aggravatingly high inflation, by closing services outside of banking hours, by burdening users with insultingly silly paperwork and know-your-customer requirements, by freezing...
When Edward Chancellor’s The Price of Time: The Real Story of Interest hit shelves in the summer of 2022, it couldn’t have been more timely. The year-over-year growth rate of the consumer price index (“inflation”) peaked at 8.9 percent the...