The War on Cash Is Here

The War on Cash Is Here

“Our Alliance does not want to abolish physical cash,” cries the opening gambit on the website ‘BetterThanCash.org’. It is a UN body, ostensibly pursuing the UN Sustainable Development Goal of ‘financial inclusion’. But it dovetails with a wider phenomenon, the disappearance of physical cash from the economy. They are an alliance of nation states, corporations…

Are Gold and Silver Money?

Are Gold and Silver Money?

Are Gold and Silver Money? Former Federal Reserve Chairman Bernanke answers no.   And so do America’s youth.  Awhile back I posted videos of a podcaster who would offer Americans a one-ounce gold coin worth approximately $1,800 for one piece of chewing gum, only to be refused.  The youth, who pay with credit cards, not…

The Global Reset Scam

The Global Reset Scam

This article takes a tilt at increasing speculation about statist global resets, and why plans such as those promoted by the World Economic Forum will fail. Central bank digital currencies will simply run out of time. Instead, the collapse of unbacked fiat currencies will end all supra-national government solutions to their policy failures. Already, there…

Modern Monetary Theory and the Crisis of Capitalism: Part Two

Modern Monetary Theory and the Crisis of Capitalism: Part Two

This is the second part of an article. Part one is available here. Historically, gold emerged as the money commodity. Over the past century and more, fiat money issued by the state has come to replace gold in the daily functioning of the capitalist economy, and above all its financial and credit system, particularly following…