Category: Fiat Currency
The analysis published under this category are as follows.
Wednesday, November 23, 2016
Chinese Renminbi Amid US Dollar’s Global Risk / Currencies / Fiat Currency
By: Dan_Steinbock
In the long-term, Chinese renminbi enjoys strong prospects. In the short-term, it must cope with domestic and international pressures – and the US dollar as the new “fear gauge.”Recently, the Chinese renminbi fell to its lowest level since late 2008. Currently, it trades around 6.88 to US dollar.
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Wednesday, October 12, 2016
And You Thought the Silver Market was Rigged / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
We live in a world where the yield-starved and tech-savvy conspire in the basement of the underground and unaccounted. While the rise of Bitcoin and the explosion of alternative currencies may become the new scapegoat of behavioral finance, there is nothing quite like the reality of trickle down finance gone wrong.
Recently, EU officials called for putting safeguards on Internet currency.
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Wednesday, September 28, 2016
The Federal Reserve Note "Dollar" Is Indeed Dying, but Not Next Week / Currencies / Fiat Currency
By: MoneyMetals
Some say the U.S. dollar may die 5 days hence. The Chinese renminbi will kill it. Much is being made of plans by the International Monetary Fund (IMF) to add the renminbi to its basket of strategic reserve currencies called Special Drawing Rights (SDR). The IMF will make the change on October 1. While the implications for the Federal Reserve Note, currently the U.S. dollar, as the world’s primary reserve currency may be profound over time and the importance of this even should not be overlooked, the impact is unlikely to happen overnight.
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Wednesday, September 14, 2016
Financial Intervention - The Monkey and The Fish / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
“Kindly let me help you or you’ll drown, said the monkey to the fish as he placed him safely up the tree.” – Unknown
The financial system (mistaken for the economy) is so bloated with risk that any number of events could trigger an explosion that would reach much further than anyone could imagine – causing irreparable damage.
Because of the size and the massive dependence on the institutions (who have evolved like a cancer from big finance), the resulting carnage will reach out much further than the primary institutions.
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Saturday, August 20, 2016
The Chimera Of Stable Money / Currencies / Fiat Currency
By: Frank_Hollenbeck
Since the early 19th century, economists have consistently preached that the value of money or its purchasing power should be stable or relatively stable. David Ricardo, in 1817, said: “A currency, to be perfect, should be absolutely invariable in value.”
According to this view, money as a unit of account should be equivalent to a yardstick measuring an immutable distance. Over the last century, this view of money has led economists to suggest that prices, reflecting the purchasing power of money, as measured by a price index [1], should also be stable and that central banks should actively interfere with the market economy to bring stability to such an index. The U.S. Central bank has essentially been following such a policy since its inception in 1913. Price stability is inscribed in the Maastricht Treaty, and the goal of hitting a 2% CPI inflation target is a variant of this widely-held view.
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Wednesday, August 03, 2016
The Colors of Money: Andrew Jackson Still Fights the Banking War / Currencies / Fiat Currency
By: MoneyMetals
This year marks the 101st anniversary of Andrew Jackson rolling over and over in his grave.
Back in 1915, the brand new Federal Reserve pasted the 7th President's likeness on its first $10 debt note – a sharp slap to the President who fought and won his famously bitter battle to destroy the “corrupting monster” of central banking.
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Monday, August 01, 2016
4 Stages of Fiat Monetary Madness / Currencies / Fiat Currency
By: Michael_Pento
There are four stages of fiat money printing that have been used by central banks throughout their horrific history of usurping the market-based value of money and borrowing costs. It is a destructive path that began with going off the gold standard and historically ends in hyperinflation and economic chaos.
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Wednesday, July 27, 2016
Monetary Zika - The Insidious Nature of Credit Expansion / Currencies / Fiat Currency
By: Dr_Jeff_Lewis
The insidious nature of credit expansion under the implicit guise of forced legal tender has worked it’s way (essentially) undiagnosed through many generations.
Viruses work from the inside out. They take over the control center of a cell. They use the existing machinery to proliferate.
Ultimately, the most successful become part of the host. Some become a part of the genome.
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Monday, July 25, 2016
Here’s One Currency That Could Go to Zero / Currencies / Fiat Currency
By: John_Mauldin
BY JARED DILLIAN: Shinzo Abe just scored a decisive victory in the upper house elections. Let me explain why that is not boring.
Abenomics was conceived in 2012 as a way to combat Japan’s never-ending deflation and pseudo-depression. It included a truly massive program of quantitative easing. This involved the printing of yen to buy all sorts of assets—including stocks!
Abenomics has continued for four years… with mixed results.
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Thursday, June 09, 2016
How Fiat Money Destroys Culture / Politics / Fiat Currency
By: MISES
Jörg Guido Hülsmann writes: It may seem unusual that an economist would talk about culture. Usually, we talk about prices and production, quantities produced, employment, the structure of production, scarce resources, and entrepreneurship.
But there are certain things that economists can say about the culture, and more precisely, that economists can say about the transformation of the culture. So what is culture? Well, to put it simply, it is the way we do things. This can include the way we eat — whether or not we dine with family members on a regular basis, for example — how we sleep, and how we use automobiles or other modes of transportation. And of course, the way we produce, consume, or accumulate capital are important aspects of the culture as well.
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Saturday, May 21, 2016
Danish Central Bank Stumbles with Its Currency Peg to the Euro / Currencies / Fiat Currency
By: MISES
Uffe Merrild writes: Denmark has been mentioned a few times during the American election campaign by Democrats who favor larger government and high redistribution of income, but also pundits like Paul Krugman have written about Denmark in his October 19th column at The New York Times. Fortunately most of his fiscal and general economic Keynesian points have been refuted in Episode 6 of Contra Krugman by Thomas Woods and Robert Murphy. But, some points regarding monetary policy need attention as well.
Friday, May 20, 2016
Why We Don’t Need a Gold Standard; there is a better alternative / Currencies / Fiat Currency
By: Sol_Palha
A highbrow is the kind of person who looks at a sausage and thinks of Picasso. - A. P. Herbert
The first reaction from the hard money camp would be to state we are insane or that we longer value hard money. Taking that line of thought would only set you on the wrong track; we are not against hard money or are the Gold standard. However, most of those in the hard money camp have a hard time dealing with reality. The reality is that very few even understand this concept and even fewer would be willing to embrace it. In the end, it’s the masses that determine if whether or not a new trend, fad or rule will be embraced or not. Have the masses done anything other than occasionally complain about how prices are rising? Did they embrace the Gold bull market from 2002-2011? Most of them focussed on the crash aspect and not the fact that Gold had soared significantly higher than it was back in 2002 despite the strong pullback? The answer on all fronts is no; to understand why no good deed goes unpunished, or why the masses will crucify you if you try to alter their mindset, watch Plato’s allegory of the cave. It provides a very simple and clear look into the mass mindset.
Monday, May 02, 2016
When the Truth is Found to be Lies, Confidence in Currency Dies / Currencies / Fiat Currency
By: DeviantInvestor
In 1967 the Jefferson Airplane sang:
“When the truth is found to be lies,
And all the joy within you dies…”
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Wednesday, March 30, 2016
What Currency Has the Highest Purchasing Power? / Currencies / Fiat Currency
By: BATR
Establishment economists are the first vindicators that having a weak currency is essential to foster international trade. The utter absurdity that a nation can prosper when their coin of the realm buys less is inherently illogical. Yet, for the globalists, maintaining the myth that promoting exports in a system that is designed around transporting our domestic manufacturing capacity overseas is intellectually incongruent. So what is the essential argument for having a strong currency?
Friday, March 25, 2016
Fiscal and Monetary Madness / Currencies / Fiat Currency
By: DeviantInvestor
Global Currencies Madness:
When central banks and politicians “manage” global currencies, we can expect:
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Tuesday, March 08, 2016
The Great Quickening - Finance & Currency / Currencies / Fiat Currency
By: Jim_Willie_CB
The quickening has begun in earnest. The end game might have begun in November with events picking up speed, remedy engaged in progressive steps, and geopolitical balance of power shifting in serious manner. The following are major events and factors in the Global Currency RESET in progress. The sequence of future events might become frightening, as the new financial structure comes into view. The potential for disruption to the USDollar- based supply chain and inventory system remains a high risk. The onset of the return of the Gold Standard to trade, banking, and currencies is upon us. The following are frequent topics within the Hat Trick Letter, within each and every monthly report.
Sunday, March 06, 2016
Currencies, They Are All Still Sinking! Video / Currencies / Fiat Currency
By: Mario_Innecco
Transcript Excerpt: hi it's Sunday March 6 2016 today I'm gonna be talking about perspective and
looking at the bigger picture
think you know everyone needs to do that once in awhile as you can see the title
of my videos currencies they're all still sinking you might ask why still
thinking you know forever while not forever but the last fifteen years I'm
gonna go back to an article I wrote in 2007 and April 2007 and it was entirely
currencies they're all sinking and was part two
article I wrote like December of 2006 so as you can see I've been looking at for
a long time actually I started in 2002 my first goal so at the time just to
give you some sense of perspective about pricing various currencies the dollar
price adobe 684 so you know it is today
Thursday, December 31, 2015
Why Austrian Investing Is Important In The Era Of State Imposed Fiat Money / Economics / Fiat Currency
By: GoldSilverWorlds
We are living in extreme times. When it comes to investing, the economy and markets, the extreme monetary policies of central banks all over the world should be top of mind of every investor.
To make our point, we refer to the 3 following charts that readers know by now … But it always helps to put things in perpsective. Our focus here is on the time period as of 1971 which will likely go in history books as the era of the “Great Monetary Experiment” (or something alike).
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Tuesday, December 08, 2015
Keynes on the Menace of Printing Money / Currencies / Fiat Currency
By: Michael_J_Kosares
How the celebrated economist might have structured his investment portfolio today
Read full article... Read full article...“I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.” – John Maynard Keynes, 1946
John Maynard Keynes made that admission to Henry Clay, a member of the Bank of England's Advisory Committee, in 1946. Ten days later he passed away. Keynes had come full circle – from economic interventionist extraordinaire to proponent of Adam Smith's laissez faire. Twenty-five years after that, Richard Nixon would suspend dollar convertibility, scrap the Bretton Woods fixed exchange rate regime system of which Keynes was the principal architect and allow currencies and gold to float freely in international markets. The fiat money system of the late 20th and early 21st centuries was born. Though a radically different system from the one Keynes created in the aftermath of World War II, Richard Nixon declared upon its launch that "we are all Keynsians now."
Wednesday, December 02, 2015
U.S. Treasury Secretary Makes Sad Admission about Coinage Devaluation / Currencies / Fiat Currency
By: MoneyMetals
Traders are bidding up the U.S. dollar and dumping metals as they become more convinced that the Federal Reserve will raise interest rates at its next meeting. Janet Yellen and company have been talking about raising rates for the better part of a year, though. All talk and no action so far.
Will they finally hike or keep crying wolf? We'll find out when the Fed meets on December 15-16.
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