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    EVERYONE ASSUMES THEY KNOW WHAT MONEY IS…

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    Most Have No Idea. The author of the article below wants to know, “How much money there is in the world?” It’s a great question. But the author goes on to show that she has no idea what money is. That’s OK; most people don’t know what it is. In fact, there are so many...

    The vexed question of the dollar

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    BY ALASDAIR MACLEOD There is little doubt that the rapid expansion of both dollar-denominated debt and monetary quantities since the financial crisis will lead us into a currency crisis. We just don’t know when, and the dollar is not alone. All the major paper...

    Fiat money and gold

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    BY ALASDAIR MACLEOD It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash. Besides alerting us to how the expansion of fiat money is...

    Diwali, Lord Rama, and the Return of Gold from Exile

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      By Jp Cortez, October 30, 2016 marks an important holiday in the Indian culture. Diwali begins. Diwali is one of the biggest festivals for Hindus, Sikhs, and Jains. It is a lavish celebration of the victory of light over darkness. Given the nature of the...

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    By DANIELLE MUOIO & MATTHEW DEBORD The solar roofs that Musk showed off were installed on houses on Universal Studio’s famous backlot, which recreates a suburban environment. In his presentation, Musk showcases a variety of roofing designs, ranging from...
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