Shopping around for a personal loan can take time, especially if you want to find the best interest rate possible. In today’s digital world, borrowers have many more options than they used to. You can either walk into your local bank or apply for a loan or you can compare offers right from your home [...]
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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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
Did Germany Just Screw over the Rest of the World?
So, once again, central banks coordinated to “save the world”. Or, did they? Martin Sibileau, writing at the Mises Institute of Canada, shares these thoughts: “Rather than liquidate those banks that were forced to hold sovereign debt (yes, forced!), generating a formidable credit crunch, the big global banks that had these unfortunate banks as counterparties, [...]
What is the True Value of Gold?
Yes, I Am Cheap has an interesting post about the true value of gold. In this article, the author asserts that gold is only worth “what the next person will pay for it. Unlike medicine, or technology, or services – which possess within themselves a measure of value that is nearly impossible to alter – [...]
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