Showing posts with label currency. Show all posts
Showing posts with label currency. Show all posts

Rick Ungar: The Prospect Of A Cashless Society Contemplating Ultimate Surrender To Government Control

Government's end game.      Denmark, known to be the “happiest” nation on the planet, has a long and storied history of providing its citizens with a strong social safety net—a system designed, in the words of the nation’s official website, to provide its people with “the necessary material framework for living a reasonable life.” Yet, a      ... MORE

Keith Weiner: Oklahoma Moves Towards the Gold Standard

Sound money legislation. There is strong opposition to any proposal to end the Federal Reserve and move away from its paper dollar. The Fed has many ideological and, of course, crony supporters. So it’s interesting that there was little controversy in Oklahoma around removing one of the obstacles to the use of gold as money. Republican Mary      ... MORE

VIDEO: Should We End The Fed?


Explaining the function of the Federal Reserve system.

Why Seattle Is Wounding Itself With That Minimum Wage

by Steve Forbes.       Seattle is enacting a $15-an-hour minimum wage, which will destroy jobs, especially for young people, and bankrupt numerous small businesses that operate on tight profit margins. It will drive companies to substitute machines for labor. For example, expect more fast fooderies to put in automated kiosks to process     ... MORE

Why Milton Friedman's Vision For A Bitcoin Was Accurate

by Victoria Wagner Ross.      Bitcoin has had many supporters and many critics as it exploded in popularity and news over the past year. CoinDesk has featured Milton Friedman’s predictions today about a decentralized currency and how it will be part of the future in a global economy. Consider the numbers of 25,000 merchants now        ... MORE

TSA Reportedly Demands To Inspect Luggage For Bitcoin

by Gregory Ferenstein.        Davi Baker wasn’t quite sure how to comply with the TSA’s demands to inspect his bags for Bitcoin. Baker had found himself in a testy exchange with airport security personnel during an enhanced screening, and they wanted an additional search of his belongings. “We saw Bitcoin in your bag and need to check,”   ... MORE

Jack Kelly: Our Economy Is About To Implode

"Beware the Ides of March,”           the soothsayer warned in Shakespeare’s play “Julius Caesar.” A Roman religious holiday, the Ides (15th) of March was the day on which Roman consuls assumed office — and the day Caesar was assassinated. For the United States, and the world economy, the Ides will be around March 4 this year, predicted    ... MORE

John Stossel: Bitcoin Revolution

Why Stossel chose to invest.               The big online retailer Overstock.com now accepts payment in Bitcoin. That's good news for lovers of liberty because Bitcoins give us an alternative to government-controlled money. Bitcoins are a currency created by anonymous, private tech nerds, not by government. Governments don't like            ... MORE

Jerry Brito: Bitcoin - More Than Money

Changing the future of currency.     On August 6, Judge Magistrate Amos Maazant of U.S. District Court for the Eastern District of Texas made many a headline when he became the first known United States government official to declare that Bitcoin-the non-government and non-bank currency, payments network, and anarchic digital         ... MORE

Peter Schiff: A Green Light For Gold?

It is rare that investors are given a road map.         It is rarer still that the vast majority of those who get it are unable to understand the clear signs and directions it contains. When this happens the few who can actually read the map find themselves in an enviable position. Such is currently the case with gold and gold-related investments.      ... MORE

Why Whiskey Was Money And Bitcoins Might Be

by Brian Lasorsa.       Currency is a crossroads for many free market advocates. Monetarists, including Nobel laureate Milton Friedman, have long argued in favor of central banks stabilizing price levels. They say the institution would provide a sense of comfort to debtors and creditors wary of inflation. Constitutionalists, albeit embracing a general  ... MORE

Zachary Warbrodt: Congress Starts Looking Into Bitcoin

Politicians worried they can't control digital currency.     A Senate committee is pressing federal regulators and law enforcement officials to explain how they plan to oversee Bitcoin and other virtual currencies as the issue gains increasing attention from government officials concerned about the role these new markets will play   ... MORE