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The Devaluing U.S. Dollar- A - Perspective
Introduction What does it mean when you hear that the U.S. dollar is weakening? One normally associates the word "weakening" as something negative. Strong versus weak; good versus evil; that sort of...
6 commentsAvoiding Trouble -- Urban Survival Techniques
Urban Survival Techniques to protect yourself by avoiding trouble because of economic or monetary collapse. Avoid fights. Avoid the government. Avoid looters and robbers. Avoid trouble by hiding in plain sight.
2 commentsJohn Law the financial genious crook, responsible for the Mississipi Scheme and the Fiat Money based on Credit
John Law (1671 - 1729), born in a scottish banking family, was an adventurer, gambler and financial genius Crook. After the death of his rich father, he became addicted to gambling losing most of the...
3 commentsThis Administration just went ALL-IN on a Beer Hand !
The last administration and this administration are being criticized equally ,so don't feel bad anyone. One for starting it and the other for extending and not stopping it. On every major topic they acted...
2 commentsMore money, higher gold prices
As I have made many comments on gold in my previous hubs, it may be appropriate to add some comments in light of yesterday's very large up-move in the prices of precious metals. The up-move of gold prices...
2 commentsHyperinflation, What Effect It Will Have on The United States
We mentioned a concept called 'fiat currency' before. Fiat currency serves as a medium of exchange where the medium itself either has no intrinsic value, or cannot be redeemed for a commonly exchanged...
2 commentsInflation, Recession, Hyperinflation and The New Depression
Monetary inflation has a very simple explanation: As the amount of money in a system increases, and the number of purchasable goods in the system remains fixed, or increases at a lower rate, the relative...
6 commentsFiat Money Explained
That's it, that's all it is... just paper. Money is whatever we agree is money. I could pick up a rock and say that it's worth a burger and fries but unless you agree I won't be able to use the rock to buy...
2 commentsJacques de Meulles and His Playing Card Money
Card games have been popular throughout history and, more often than not, money is frequently included when playing in order to make the games more exciting. Much of the attraction and popularity of Playing...
2 commentsFIAT MONEY AS PURCHASING POWER
Eversince money was created, there has always been a simplified barter system in existence tackling the problem of impossibility of double co-incidence of wants. Now, it is always a barter of satisfaction of...
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