‘Stability,’ is a simply gorgeous idea, in all fields and endeavors.  A stable building with a stable foundation, a stable marriage, and of course stable money, which brings me to a Journal (Wall Street) piece of April 22nd, where economist Judy Shelton argues for a virtual gold backed currency, which would of course make any […]

There are many types of “Fakes” and “Fakery,” in the world today, and for that matter, throughout history.  I’ve been through fake money many times, which are un-backed paper currencies as seen throughout the world since paper and the printing press were invented. The cure for that, is real money in the form of silver […]

There are many types of security.  Security of your home and car with locks and alarm systems and a ‘Homeowner’s’ insurance policy as examples.  There is, as I mentioned last week, the FDIC which insures your bank account, even though it has no reserves, it has access to the printing press, which will give a […]

There are many companies which sell insurance.  Insurance for your car, home, or any possible liability you may incur.  Insurance companies are rigidly regulated by governments at federal, state and even locally in some cases.  Insurance companies must prove that they have assets to cover claims, and even huge claims resulting from fires, earthquakes, fraud, […]

There was a period in American history, when there was no central bank.  The first one was just after the Revolution, followed by the second one, which lasted till President Jackson vetoed it, after the Congress voted for it. Thanks ‘Old Hickory!’  So, from 1832 till December 22, 1913, or fifty one glorious years, America […]