Category Archives: Money

what is money anyhow?

Economics 101: Liquidity is a Loan, Why prices can go UP in a Deflation, do not buy Gold, and Much More

December 29, 2007. Karl Denninger. The Year In Review And a Look Ahead for 2008. market-ticker [I’ve snipped out a lot of this article, which is no longer available on the internet.  It was very prescient, and even though some … Continue reading

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End of the Petrodollar?

Petrodollar Alert: Putin Prepares To Announce “Holy Grail” Gas Deal With China Tyler Durden   03/21/2014  zerohedge.com If it was the intent of the West to bring Russia and China together – one a natural resource (if “somewhat” corrupt) superpower … Continue reading

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Money – what is it?

The following are good articles to read about what money really is The supply of money in an energy-scarce world  2011. Richard Douthwaite. Summary of this article: Money has no value unless it can be exchanged for goods and services … Continue reading

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Why cash is better than gold

Why people buy gold To protect against inflation That’s a good reason, but the next crash will be deflationary like the 2008 crash, when stocks, homes, oil, gold, and everything else plummeted in value. Trillions of dollars vanished overnight.  The … Continue reading

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US Dollar based on oil, not gold

Krassimir Petrov, PhD. 4 Apr 2007. The Proposed Iranian oil bourse will accelerate the fall of the US Empire.  The Guardian. A nation-state taxes its own citizens, while an empire taxes other nation-states. The history of empires, from Greek and … Continue reading

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Oil contracts used to be between 2 nations and could be again. That would be disaster for the USA.

This article explains why the dollar is the strongest currency as well.  Energy markets have also given us a huge advantage, but if nations ever go back to private long-term contracts, that would have profound consequences. Confederation, Nationalization & the … Continue reading

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