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Statue of Liberty, NYC. Source: Flickr (http://www.flickr.com/photos/heardsy/2007458336/)

Ron Paul’s Farewell Address to Congress

Here is a transcript of Ron Paul’s farewell address to Congress, originally sourced from the Campaign for Liberty. Farewell to Congress This may well be the last time I speak on the House Floor.  At the end of the year I’ll leave Congress after 23 years in office over a 36 year period.  My goals [...]

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How Gold is Going to Recapitalize the World’s Banking Systems and Restore Sanity to Our World

I’ve always been interested by the connection between money and the physical world we live in. With money, we are able to buy the things we need, purchase investments for the future, and lend our money to others in return for a little bit of income. Without money, we’d be reduced to barter and the double [...]

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What is Freegold? Or, Can the Debt Grow Forever?

I recently read a great post over at FOFOA, titled “The Debtors and the Savers 2012“. I’ve been reading a lot of FOFOA lately, and learning more about the “Freegold” thesis. The essence of the thesis, as I understand it, lies in the following chain of events: The U.S. economy is currently running massive deficits, [...]

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Midweek Reading: Exorbitant Privilege Edition

I’ve been reading some really interesting posts on FOFOA’s blog, namely Inflation or Hyperinflation? and Peak Exorbitant Privilege. These posts go over the banking system, the role of the US dollar in the world economy, and the gradual withdrawing of political and ancillary support from the USD as the world’s reserve currency. Based on the latest numbers, the [...]

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Ron Paul: The One True Hope for Change in 2012

It’s now 2012, and the United States will elect a new president to run the (still) most powerful country in the world. It’s now been nearly four years since the eve of the ongoing global financial troubles, and I am very interested in how this election is going to play out. Americans were promised hope [...]

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Should You Worry About Gold Confiscation?

Are you worried about the government coming in and outlawing private gold possession again? After all, it wouldn’t be the first time they had done so — the same was done by the FDR government, back in the Great Depression. As the global economy gets worse, and as private capital flows to alternative currencies such [...]

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The Role of Money in the Financial Crisis

There is an interesting post by Jeffrey Tucker on the Mises Institute of Canada about the ongoing “crisis of capitalism”. If one is talking about the current world economic order, then there is indeed a crisis going on, but it all depends on how you define the word “capitalism”. Jeffrey writes, “What’s most interesting is [...]

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