Category Archives: Monetary System

Monetary System

This category is our catch all for some deep navel gazing!

We cover the gold standard and what transformations the global monetary system may take in the coming years. And how these changes would affect New Zealand.

Plus some random stuff like housing and money printing in New Zealand.

 

Must read articles about the Monetary System

If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand?

If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand?

What’s the chance of a new gold standard happening? Read this and you’ll learn how a return to a gold standard would affect New Zealand and what you could do about it.

In a US Dollar Collapse Won't The Rising NZ Dollar Cancel Out Any Gold_Silver Gains_

In a US Dollar Collapse Won’t The Rising NZ Dollar Cancel Out Any Gold/Silver Gains?

If the New Zealand Dollar were to keep rising against the US Dollar, how wil this affect any gains in gold and silver? Read on to find out…

Australia has 80 Tonnes of Gold, How Much Gold Does New Zealand Have?

Australia has 80 Tonnes of Gold, How Much Gold Does New Zealand Have?

Is the level of a countries gold reserves important? Learn how New Zealand’s gold reserves compare to Australia and what this means!

Latest Articles

In a US Dollar Collapse Won’t The Rising NZ Dollar Cancel Out Any Gold/Silver Gains?

In a US Dollar Collapse Won't The Rising NZ Dollar Cancel Out Any Gold_Silver Gains_

The US Dollar may well have entered another cycle of decline against the other major currencies of the world. This week we have a question from a reader as to how this might impact any gains in the NZ Dollar gold price: You wanted a question, so here’s one that’s been niggling in the back […]

The World’s First Government-Backed Cryptocurrency

Here’s an interesting discussion on government backed cryptocurrencies. Including a gold backed cryptocurrency and how when cryptocurrencies become easily exchangeable for gold it’s going to help the markets for both cryptos and gold…   Doug Casey on the World’s First Government-Backed Cryptocurrency Justin’s note: Venezuela just introduced its own cryptocurrency. That’s right… The country battling chronic […]

“Rules-Based” Monetary Proposals Won’t Create Stable Money

With the emergence of cryptocurrencies in recent years, it is interesting to ponder, what might money look like in the future. Nathan Lewis, author of the book, Gold: the Once and Future Money, gives a simple account of what really creates stable money. No surprise, his view is that it it isn’t central bank policies […]

RBNZ Cryptocurrency to Replace NZ Physical Currency with a Digital Alternative?

In researching another topic we stumbled across a report from the Reserve Bank of New Zealand (RBNZ)  on cryptocurrencies. We missed it back in November. It was titled: Crypto-currencies – An introduction to not-so-funny moneys It’s actually not a bad primer on cryptocurrencies for the uninitiated. The conclusion indicates that perhaps the RBNZ is not […]

Deutsche Bank: The Fiat Money World May Be Coming to an End

Here’s the summary of a surprising report from one of Europe’s largest banks. It provides a good rationale as to why there has appeared to be very little price inflation in recent years. Plus it explains how this low inflation period could be soon coming to an end…     Deutsche Bank: The Fiat Money […]

Lord, What Fools These Mortals Be…

Hugo Salinas Price does a good job of explaining the important and little known concept of “declining marginal utility” and how this relates to gold. He goes on to conclude that “humanity is no longer in contact with the realities of the physical world: rational human activity is disconnected from those realities, by the false […]

Bill Bonner: Get Ready for the ‘Crack-Up Boom’

See how the 3 major economies in the world look to all be entering a tightening phase at about the same time. But how somewhat counterintuitively, this could lead to a “blow-out spree of money printing, borrowing, spending, and debt.” A.K.A. a ‘crack-up boom’…   Get Ready for the ‘Crack-Up Boom’ By Bill Bonner, Chairman, […]

How Unbacked Fiat Money Corrupts Society

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 […]

Why New Zealand Won’t Have Any Say in a Global Currency Reset

Why New Zealand Won’t Have Any Say in a Global Currency Reset

Lately we’ve discussed the possibility or maybe we should say the inevitability of a change in the global monetary system. Perhaps in the form of a currency reset. Here’s more on how that might play out. If the US Dollar Was Again Linked to Gold, How Would This Affect New Zealand? Does a Gold Revaluation […]

Does a Gold Revaluation to US$10,000 With All Major Countries Make Sense?

A reader recently asked about a gold revaluation: Does revaluing gold to $10k usd with all the major countries make sense? The US government wants the usd to remain the world’s reserve currency, but it has a very high government debt to GDP ratio. Historically, nations with a >90% ratio end up collapsing. If all […]