Tag: Economics

Booms and Busts, Economics

The Panic of 1796–1797: A Financial Crisis That Echoes Through History

The Panic of 1796–1797 stands as one of the earliest financial crises in the United States and serves as a timeless lesson in the dangers of speculative bubbles, credit overextension, and paper money. Triggered by a combination of these factors, the crisis offers a striking parallel to today’s financial landscape, where the same patterns of economic instability continue to unfold. This article delves into the … Continue reading The Panic of 1796–1797: A Financial Crisis That Echoes Through History

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Economics, Inflation

The Fiat Money Con: How Debt, Inflation, and Credit Rig the System for the Elite

The Mechanics of a Fiat Debt-Based Economy and Its Implications In the current economic system, there are two main groups that benefit from the fiat debt-based economy: the creators—central banks and primary dealers—and those with assets and the knowledge to play the game. If you had $1,000,000 in 1971 when this system truly took off, and wanted to build a real estate empire, the path … Continue reading The Fiat Money Con: How Debt, Inflation, and Credit Rig the System for the Elite

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Booms and Busts, Economics

Tulip Mania: The First Speculative Bubble

Tulip Mania was a speculative bubble that occurred during the Dutch Golden Age in the early 17th century when prices for certain tulip bulbs reached extraordinary levels. Starting around 1634, tulip prices soared due to the popularity and rarity of certain varieties, leading to a frenzy of trading among wealthy Dutch citizens and speculators. By February 1637, the bubble burst, and prices collapsed dramatically, leaving … Continue reading Tulip Mania: The First Speculative Bubble

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Economics, Systems of Governance

The False Promise of Socialism: Why Fiat Corporatism, Not Capitalism, Creates Inequality

Socialism has long been presented as a solution to the perceived failures of capitalism, but what many fail to realize is that what is commonly labeled as capitalism today is not true capitalism at all. A genuine free market operates under sound money—gold, silver, or another asset-backed currency that holds its value over time. In this system, prices naturally decline due to increased productivity, benefiting … Continue reading The False Promise of Socialism: Why Fiat Corporatism, Not Capitalism, Creates Inequality

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Gold

The Price of Gold During the Weimar Hyperinflation

The Weimar Republic’s hyperinflation, particularly between 1921 and 1923, stands as one of the most extreme instances of currency devaluation in modern history. As the value of the Papiermark disintegrated, the German population experienced devastating financial losses. During this time, many turned to gold as a lifeline—demonstrating its enduring role as a safe haven when fiat currencies fail. The Early Stages of Hyperinflation As the … Continue reading The Price of Gold During the Weimar Hyperinflation

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Economics, Inflation

The Looming Threat of Hyperinflation: Lessons from History and the Road Ahead

The staggering $36 trillion debt faced by the U.S. government raises a critical question: How do we pay it off? The simple answer is—through inflation. With no real “cash” reserves to cover these debts, the only option left is to devalue the currency through the printing press. This erosion of purchasing power will destroy the savings of entire generations, setting the stage for the collapse … Continue reading The Looming Threat of Hyperinflation: Lessons from History and the Road Ahead

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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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Economics

The U.S. Treasury Bonds and the $36 Trillion Debt: A Financial Ponzi Scheme in the Making

When the U.S. Government needs money, it turns to Treasury Bonds—a financial instrument that represents an obligation or promise to repay. But what does this really mean? In essence, the government is creating a contract with lenders—also known as creditors—to borrow money now with a promise to repay the borrowed amount plus interest in the future. Simply put, the government is asking, “Hey, we’re broke, … Continue reading The U.S. Treasury Bonds and the $36 Trillion Debt: A Financial Ponzi Scheme in the Making

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