Category: Banking

Banking, Booms and Busts, Economics, Systems of Governance

The Fiat Currency Trap: How Central Banking Distorts Global Wealth and Production

The global economy operates under a fiat currency system controlled by central banking authorities, leading to severe imbalances in capital flows, wealth distribution, and real productivity. As central banks manipulate money supplies and interest rates, investors and speculators are forced to seek out the most profitable currencies for production. This results in artificial economic advantages for certain nations, while others are left struggling—not due to … Continue reading The Fiat Currency Trap: How Central Banking Distorts Global Wealth and Production

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Banking, Booms and Busts, Economics, Gold

The Panic of 1819: America’s First Economic Crisis

The Boom Before the Bust Following the War of 1812, the United States entered a period of rapid economic expansion. A surge in land speculation, fueled by easy credit and an abundance of paper money issued by state and local banks, led to skyrocketing land prices. Farmers, merchants, and speculators eagerly borrowed money to purchase land, believing that values would continue rising indefinitely. This speculative … Continue reading The Panic of 1819: America’s First Economic Crisis

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Banking

The Free Banking System in 18th Century America: A Decentralized Approach to Banking

In the early to mid-18th century, the United States experimented with a decentralized banking system known as the free banking system. This period, which coincided with the rapid industrialization of the nation, allowed individual states to charter their own banks and issue their own banknotes. The system, while facing challenges, played a significant role in fostering economic growth and innovation, ultimately contributing to key societal … Continue reading The Free Banking System in 18th Century America: A Decentralized Approach to Banking

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Banking

The Rise and Fall of the Second Bank of the United States: A Case Study in Monetary Cycles

The Second Bank of the United States (SBUS) was established in 1816 as a solution to America’s financial instability following the dissolution of the First Bank of the United States. While it was intended to regulate the money supply, manage government funds, and stabilize the economy, its existence ultimately led to economic turbulence, political conflict, and its eventual demise. The story of the SBUS provides … Continue reading The Rise and Fall of the Second Bank of the United States: A Case Study in Monetary Cycles

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Banking, Economics, Systems of Governance, War

Central Banking: The Modern-Day King George

The American Revolution was a defining moment in history, sparked by the tyranny of King George III. His oppressive taxation and economic control over the colonies led to widespread resentment and ultimately rebellion. Today, central banking serves a similar function, exerting unchecked financial dominance over nations and individuals. Just as King George imposed excessive taxes without colonial representation, central banks devalue currency through inflation—an invisible … Continue reading Central Banking: The Modern-Day King George

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Banking, Economics, Systems of Governance, War

The Keynesian War Machine: How Governments Use Inflation and War to Escape Debt

Keynesian economics, rooted in the ideas of John Maynard Keynes, promotes government intervention to manage economic fluctuations. Keynesians argue that during downturns, governments should increase spending, even at the cost of deficits, to stimulate aggregate demand. They believe that markets do not self-correct quickly enough due to “sticky” wages and prices, justifying continuous intervention. However, this approach is fundamentally flawed and ultimately harmful to the … Continue reading The Keynesian War Machine: How Governments Use Inflation and War to Escape Debt

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Banking, Gold

The Paper Gold Manipulation: How Derivatives Control Gold and Silver Prices

The price of gold and silver can be manipulated through derivatives contracts by fractionalizing the physical metal held at the COMEX (CME Group’s futures exchange) and the LBMA (London Bullion Market Association). This is done primarily through the issuance of paper gold and silver, which represents claims on physical metal but is often backed by only a small fraction of actual bullion. Derivatives Market vs. … Continue reading The Paper Gold Manipulation: How Derivatives Control Gold and Silver Prices

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Banking

The First Bank of the United States: A Precursor to Today’s Financial System

The establishment of the First Bank of the United States on February 25, 1791, marked a crucial turning point in the history of American finance. As the nation’s first central bank, its role and operations closely mirrored those of today’s Federal Reserve. This article explores the origins, impact, and enduring legacy of the First Bank of the United States, drawing comparisons between its functions and … Continue reading The First Bank of the United States: A Precursor to Today’s Financial System

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Banking

The Debt Mirage: How Fractional Reserve Banking and Government Borrowing Perpetuate a Money-Making Scam

The U.S. financial system operates in a way that often escapes the scrutiny of most citizens, with consequences that are profound and far-reaching. The process through which Treasury bonds are purchased by primary dealers, sold to the Federal Reserve, and backed by money created out of thin air is one that many might find absurd upon closer inspection. To fully grasp the implications of this … Continue reading The Debt Mirage: How Fractional Reserve Banking and Government Borrowing Perpetuate a Money-Making Scam

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Banking

The Illusion of Wealth: How Paper Money Shapes the World

Paper money, in its most basic form, is just that—paper. On its own, it has no intrinsic value for those who choose to save in it. The only reason paper money holds any value is because it is widely accepted as a medium of exchange in the economy. But beyond its physical form, paper money also exists in digital form as credit, represented by numbers … Continue reading The Illusion of Wealth: How Paper Money Shapes the World

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