Archive for September, 2013

Digital Currency: Money’s Future May Lie In Its Past

 

“The only difference between a bank director and a counterfeiter is that the counterfeiter has given evidence of superior skill and modesty. It requires more talent to sign another man’s name than one’s own and the counterfeiter at least does his work in the dark, while the suspenders of [gold and silver] payments are brazen in the face of day, and laugh at the victims and dupes, who have put faith in their promises.”

President John Quincy Adams, from A Nation of Counterfeiters: Capitalists, Con Men And the Making of the United States

The Wild West of Money

The early United States had no national banking system. Instead, there were state-chartered banks, local banks and company scrip. Gold and silver coin was the only universally accepted payment.

In a …

No Throne Guides Itself – There Are Always Invisible Hands

 

“No country that values its safety should allow what the [Round Table Group] accomplished – that is, that a small number of men would be able to wield such power in administration and politics, should be given almost complete control over the publication of documents relating to their own actions, should be able to exercise such influence over the avenues of information that create public opinion, and should be able to monopolize so completely the writing and the teaching of the history of their own period.” – Carroll Quigley, The Anglo-American Establishment

Remember when you found out there was no Santa Claus?

Letting go of childhood beliefs is never easy. We can never look at the world with the same innocence. But, unless we do so, we can never …

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