Topic: Currency

A Review of Philip Barton’s Dawn of Gold: The Real Story of Money

– March 28, 2018

“Money” lacks a standard definition. In his 2014 book Dawn of Gold: The Real Story of Money, Gold Standard Institute President Philip Barton defines money as a “store of stable value,” and it is this stable value that separates gold from everything else that aspires to be called money.

Cryptocurrency, Currency, Gold Standard

Gold Mining vs. Bitcoin Mining

– March 17, 2018

The contrasting supply and demand mechanisms of Bitcoin and gold mining pose real challenges to the cryptocurrency’s future.

Currency, Gold Standard

Why Drug Dealers, Rappers, and Pimps Wear Their Wealth

– February 14, 2018

There is a reason to the rhyme of why dealers, rappers, and pimps wear their wealth. It all comes down to the legal gulf that separates their professions and art from civic practices. If you want to keep what you have earned, and take every precaution against having it pillaged by the police, it’s best to carry it with you.

ten-dollars-gold-certificate-yellow-seal

Currency, Gold Standard

Inflation Is Theft: On the Founding of AIER

– January 24, 2018

Government monetary policy was not invented to help the everyday person but instead to benefit the government and its connected interests, “the swindlers.”

Currency, Gold Standard

What Will Devaluation Mean To You?

– January 13, 2018

Devaluation, or clipping the coinage, as the process was called in the days of the Robber Kings, is a subtle form of taxation. Like most other taxes, those imposed by this insidious method will be borne by the Forgotten Man.

Ivan_the_Great_Bell_Tower_in_Moscow_Kremlin_1

Currency

Is the Cryptorouble a Viable Currency?

– January 3, 2018

What would the cryptorouble bring to the table? It’s not hard to guess: some measure of control by the Russian government and central bank. We have no details yet on how the structure would work. But we can speculate. The best possible guess is that the cryptorouble would add a settlement layer to the official currency. It would enjoy the status of being legal tender. It would permit a more efficient and borderless method of transferring claims.