Simple, nothing!  You can barter with gold and silver when paper money becomes worthless, as it has in 100% of the world’s history.  America, and most, if not all other nations, knowing their currency can and will eventually become worthless, have passed “Legal Tender Laws,” which say that if you want to purchase anything, you […]

It’s a long story, and I’ll try to abbreviate it, because my daughter Melissa, sort of witnessed the results 130 years later! The story began when the North printed Greenbacks, as I have mentioned in a past column.  The misnamed ‘Civil War,’ cost the North billions of dollars, and the South too, which they didn’t […]

For a couple of weeks, America’s left and right, thought with a shudder, that President Trump had America heading into World War Three.  He was considered to be reckless, and acting without a grain of common sense, planning ahead, or listening to his advisors.  After all, hadn’t he put foot in mouth endlessly, and tweeted […]

For over a year now, special Counsel Robert Mueller has been costing taxpayers millions of dollars, and has been investigating everything his mind can conjure, other than his original instructions and purpose.  There is a Constitutional or legal question as to his even being there in the first place, not to mention his supposed power […]

Until 1862, the United States had only twice issued dollars which were not redeemable into gold.  Those times were during the Revolutionary War, and the War of 1812.  Both times, the wars were paid for with paper money, not convertible into gold.  Both of those times, the un-backed dollars became worthless.  The old expression, “Not […]

Friday, March 23, 2018, saw hundreds of thousands of protesters parading across America.  They were everywhere, protesting guns, the NRA, and demanding new laws, as if there weren’t enough already, which I am certain there are.  All this outrage came a month after 17 students and adults were killed in a Parkland Florida high school […]

What are dollars anyway?  The simplest definition, is that dollars are money.  Money we have to use to pay our debts, thanks to ‘legal tender laws,’ which require this.  This is not a total definition though, because we need to know where the dollars originate, other than from a printing press, which is not a […]

More on the dollar next week! President Trump is levying a 25% tariff on steel, and 10% tariff on aluminum.  Rinos (Republicans in name only), and many Democrats are screaming that it will start a trade war, and they say no one wins in a trade war, which may or may not be true.  Trump […]

Although experiments with paper money did occur throughout the early history of the country, they were largely unsuccessful.  People, for good reason, didn’t trust the notes and preferred gold and silver coin.  In 1861, the North, needing money to finance the civil war it started, authorized the issuance of what came to be known as […]

In The history of the dollar, or for that matter, silver coins, goes back to the time before Jesus!  In BC 425-401 in Phoenicia, small silver coins with five towers on one side and horsemen on the other, were struck, and obviously used as money.  Silver Roman denarius were struck in the AD 40’s, and […]