Hugo Salinas Price – our favourite billionaire – shares a number of stories from Mexico’s history to make the point that unbacked fiat money serves to corrupt a society. As Chris Powell of GATA puts it so well: “Salinas Price essentially supports the British economist Peter Warburton’s conclusion that a primary objective of central banking […]
Tag Archives: Monetary History
18
Sep
Sep
A few articles in one today. But all related to the topic of how a silver coin could be put back into circulation. First up, see what happened to Mexican silver coins that had a currency value that quickly was overtaken by depreciation of the peso. How the coins were melted into bullion for sale […]
18
Apr
Apr
This fabulous history of currencies was written by our very own “secret” investment advisor. Who graciously allowed us to reprint it here for you. (If you missed Part 1, then check that out first here: A Short History of International Currencies: Part 1 ) A Short History of International Currencies: Part 2 Honest Money Returns […]
12
Apr
Apr
This fabulous history of currencies was written by our very own “secret” investment advisor. Who has graciously allowed us to reprint it here for you. You’ll learn about the multitude of empires that have come and gone and how their money was crucial in their rise and fall. As he says if you like history […]
16
Feb
Feb
The money we use today is only money due to government decree which is the definition of fiat as in fiat currency. The legal tender laws of today require us to pay our taxes with the money of the state. However money should have certain attributes. Read on to see what they are and why […]
28
Aug
Aug
We neglected last month to post the latest video from Mike Maloney in his Hidden Secrets Of Money Series. Part 2 was on the Seven Stages Of Empire and was a great history lesson even for those of us well steeped in precious metals and sound money. But at 30 mins not everyone will sit down […]