Archive : Economics

7 stages of an empire

The seven stages every single empire has gone through… Stage 1: A country starts out with good money, which is either gold or backed by gold. Stage 2: As it develops economically and socially, it begins to take on more and more economic burdens, adding layer upon layer of public works and social programs. Stage […]

Saving like the Dickens (1864)

(from ALL THE YEAR ROUND, No. 254, March 5, 1864, vol. XI, pp. 79-81) MY ACCOUNT WITH HER MAJESTY I NEVER laid by a penny till the Post-office Savings-banks came up. Not that I mightn’t have done so, for I earned good wages, and after paying all the expenses at home, I had always plenty of loose […]

Legislating Delinquency, Monopolizing Filth and Forging Chains.

Statists love to hand out money that is not theirs to give, and bash anyone who has restraint. For instance, anyone who questions the minimum wage gets basted with the silly characterization of un-caring elitists with a “let them eat cake” attitude

Best Explanation of the Federal Reserve

Go to to read more like this. Why Economists Love the Federal Reserve by Gary North Reality Check (March 29, 2011) The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and […]

bullet-points for learning economics the fun way

I’m putting together a list of topics that must be addressed for economic literacy and financial awareness. What is [something] worth to me? (how to assess value–for yourself vs. others) risk vs. safety, how to judge? how to mitigate risks diversification: true vs. phantom taxes –this is huge and could be broken down several ways… […]

Don’t bet against the Silver

Talk about timing: I found a mention of silver that picked the exact short-lived peak of an alternative: “I bet you did not think of this. Forget silver and gold. Now that the nuke industry is on its knees, carbon is the market beater.” … then shows a chart of GRN which … “depicts the […]

Surprising new video: Which is the right precious metal for you? (Gold or Silver)

Here is a simple question for you: which would you rather buy right now, gold or silver? Gold has incredible amounts of emotional baggage attached to it, while silver is in a different league – at least for the moment. The below video will show you two indicators that can help you capture either market […]

fun new payment: real money (silver coins)

I had the pleasure of attending a lecture given by Michael Badnarik on U.S. Constitutional history and law. He was visionary enough to accept silver as tuition payment. Below he blogs about the hazards of embarking upon silver coinage.

More Details About Investing With Gold And Silver

As you can tell, my interest in this blog is two-fold: understanding economic principles, learning how Silver can help stabilize my portfolio. Nay, a third: preparing for hard times (or preventing them, depending on outlook.) My brief blog posts don’t have time or space to go into all the details, so here are a couple […]

Can we afford Tax cuts? How about spending cuts?

Some scoff at the idea that the US government could balance the budget without rolling back “the Bush tax cuts.” But not so fast: even IF all 9 major categories of cuts were re-instated (estimated 300 billion dollars worth), that would be a small fraction of the current annual deficit (over 1 trillion dollars), and […]