Posts Tagged ‘Inflation’
A book from 1897 about our future…
Audio file:
http://www.freedomainradio.com/Traffic_Jams/FDR_1442_Fiat_Money_In_France_Part_1.mp3
Freedomain Radio – http://www.freedomainradio.com
http://mises.org/books/inflationinfrance.pdf
Duration : 1:9:55
Let’s keep printing money, this will assure that gold prices will go up and stay up as the world gets ready for fiat to inflate into a huge balloon.
Even Canada has decided that if by late 2009 early 2010 the economy does not pick up they will also start “printing money”.
http://www.financialpost.com/story.html?id=1494919
I don’t think its a coincidence that everyone is jumping on this freight train and I expect that this is the catalyst that will lead to massive inflation before new money comes.
Hyper inflation will cause currency debasement, expect a new currency, perhaps a world currency.
For now we will have to accept that the IMF SDR will likely be it.
Don’t be fooled the IMF SDR is also just another useless “FIAT” currency backed by nothing.
Maybe that is why CHINA is buying gold like crazy so they make the YUAN the new RESERVE currency.
Duration : 0:4:34
http://www.CreditContraction.com
The global economy is built on a derivative illusion. As the great credit contraction grinds on, the importance of performing accurate mental calculations of value will become more and more important. Every major country, including the United States, uses a fiat currency illusion as its legal tender. Even more troubling is that the worlds reserve currency—the FRN$—is a currency illusion. This system is evaporating before our very eyes. This book describes the background leading to this evaporation, which I call the Great Credit Contraction, sorts through complicated economic nomenclature, determines the root causes of the credit contraction evaporation, and suggests ways to maintain wealth during this global economic crisis.
This book opens by discussing the development of money in the market. Understanding the historical landscape will provide the reader a perspective of where we currently are and what is likely to happen to the market in the future. To date, the development and rise of fractional reserve banking has perpetuated the inflationary credit expansion. During this process, fiat currency has risen to dominance with the culmination of the United States Federal Reserve Note Dollar (FRN$) as the worlds reserve currency.
In summary, this book is an autopsy of the current worldwide monetary and financial system beginning with a brief overview of financial history, the current great deflationary credit contraction, and projecting the future environment. It concludes with suggestions on how to generate and preserve wealth in this challenging time, and the appendix contains a deeper analysis of important topics.
http://www.runtogold.com
HOW TO BUY GOLD OR SILVER
http://www.runtogold.com/how-to-buy-gold-or-silver/
Duration : 0:5:30
http://www.creditcontraction.com
The global economy is built on a derivative illusion. As the great credit contraction grinds on, the importance of performing accurate mental calculations of value will become more and more important. Every major country, including the United States, uses a fiat currency illusion as its legal tender. Even more troubling is that the worlds reserve currency—the FRN$—is a currency illusion. This system is evaporating before our very eyes. This book describes the background leading to this evaporation, which I call the Great Credit Contraction, sorts through complicated economic nomenclature, determines the root causes of the credit contraction evaporation, and suggests ways to maintain wealth during this global economic crisis.
This book opens by discussing the development of money in the market. Understanding the historical landscape will provide the reader a perspective of where we currently are and what is likely to happen to the market in the future. To date, the development and rise of fractional reserve banking has perpetuated the inflationary credit expansion. During this process, fiat currency has risen to dominance with the culmination of the United States Federal Reserve Note Dollar (FRN$) as the worlds reserve currency.
In summary, this book is an autopsy of the current worldwide monetary and financial system beginning with a brief overview of financial history, the current great deflationary credit contraction, and projecting the future environment. It concludes with suggestions on how to generate and preserve wealth in this challenging time, and the appendix contains a deeper analysis of important topics.
http://www.runtogold.com
Duration : 0:6:30
Ok a lot of individuals felt let down because I didn’t speak my mind about the george4title situation. I was only having fun when I mentioned the guy selling George4title T-shirts here in Atlanta. That is not true. I decided I would weigh in and give my opinion on the whole G4T debacle. I don’t know if this video will be received well as my opinion clearly isn’t the same as the masses. But I enjoy the fact that several of us youtube commentators have different views and different ways of delivery. So check me out. Please rate, and comment too
Duration : 0:8:21
Robert Prechter of Elliot Wave October 3, 2009
Visit http://www.PhilDeCarolis.com to sign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor/Realtor. Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own personal broker with Euro Pacific Capital that can advise you on the purchase of precious metals (Gold, Silver, etc..), Commodities And/Or Foreign Dividend paying stocks to hedge against rising prices and your loss of hard earned wealth. Join me in preserving your savings so that we can utilize our retained purchasing power to purchase Discounted/Cash Flowing California Real Estate Assets at the bottom of this downturn for pennies on the dollar that will rise in value dramatically during Californias’ next cyclical inflationary real estate bull market.
Duration : 0:7:7
Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.
Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.
Alan Greenspan is not, we’re told, happy about this 42-minute blockbuster. Watch it, and you’ll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie could change America.
The Mises Institute:
http://www.youtube.com/user/misesmedia
http://mises.org/
Duration : 0:41:31
Chapter 5 (Growth Vs. Prosperity): Contrary to what we’ve grown used to, growth is not the same thing as prosperity. In fact, growth and prosperity are both dependent on the same thing: surplus. Dr. Martenson explains how we’ve been conditioned to want, and to take, both growth and prosperity; however, we are approaching the limits of our physical, finite, earth – the amount of surplus is steadily declining.
Chapter 6 (What is Money?): What is a dollar? Sure, it allows us to buy things like food, cars, and iPods; yet, most of us don’t really understand money beyond that. Dr. Martenson not only provides an understandable definition, but also explains what gives our green pieces of paper value, and what dangers any currency must face.
http://www.chrismartenson.com
Duration : 0:10:0
If the Federal Reserve is a government monopoly on the issuance of money, how can everyone blame the financial crisis on free markets?!
TheFreeMarketeer asks citizens of New Rochelle some questions about the Federal Reserve, Money, and Free Markets. Then we speak with Chris Powell of the Gold Anti Trust Action Committee (GATA) about his thoughts, as well as GATA’s current lawsuit against the Federal Reserve
To read “Thomas Paine on Paper Money”, please visit:
http://mises.org/story/2942
Duration : 0:7:24