[Nothing new is to be learned from that particular post, other than the metaphysics of the Post-Bretton Woods “Debt Standard” that I criticized in The Work-Standard (3rd Ed.). The topic repeats itself because not many people understand its implications, nor… Read More ›
Bretton Woods
A Reading of “The Corporation as a Command Economy (1997)”
There was a 1997 article, which later got republished online ten years ago, that I came across last week. The article in question was written by some Keynesian economic historian, Brad DeLong, who sought to address a question that has… Read More ›
US Economy at a Crossroad: Challenges and opportunities posed by the wars | Financial Express
President Joe Biden has asked the US Congress for an additional $100 billion package that includes aid to Israel and Ukraine, as well as funding for border security, disaster relief, and the Indo-Pacific region. The request comes amid escalating wars… Read More ›
Economic History Case Studies: “Tax Plan 999” (2011-2012)
At the time of this writing, late 2023 marks the beginnings of another presidential election cycle in these United States. The 2024 US Presidential Election is happening next year, and I thought it would be fitting for me to return… Read More ›
Update (20 October 2023)
A while back, I reposted a post from another WordPress Blog that mentioned about Costco, an American retail chain, selling Gold. In my spare time this week, I actually looked into the matter further to find out whether it was… Read More ›
Fiat is Finally Worth Something !
$10,000 bill from 1934 sells for $480K at Texas auction: ‘Absolute prize’ ‘Green Seal’ $10,000 bill from 89 years ago sells at Long Beach Expo US Coins Signature Auction in Dallas, Texas Numismatic Rarity is the secret ! As to… Read More ›
US Supermarket Chain Shakes Up Retail Industry by Selling Gold Bullion
Costco, a US supermarket chain known for its diverse product range, has added gold bullion to its inventory. These Swiss-made bars with a 24-karat gold purity are being sold exclusively to Costco members, with each one-ounce bar priced at $1,929.99…. Read More ›
Early Signs of US Dollar Decline?
There is another important justification for why a Third Edition of The Work-Standard needs to be written before the year is over. A few years ago, I was writing entire Blog posts and later Entries where I argued that Jeffersonian… Read More ›
Economic History Case Studies: The Pre-Decimal UK Currency System
The Death of Bretton Woods, among other things, contributed to Great Britain’s adoption of Decimalization for its Pound Sterling (GBP). Today, the British rely on Decimalization like most of the Western world. It works the same in the US Dollar… Read More ›
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