“Americans for themselves: that is Jeffersonianism! Americans for the Union: that is Hamiltonianism!” Alexander Hamilton was right about the Bill of Rights all along in Federalist Paper No. 84: Is it really necessary to make any constitution so long and… Read More ›
Bretton Woods
Compendium: Potential Feasibility of the Work-Standard as a World Reserve Currency
Most of the entries in the SMP Compendium have dealt with the Work-Standard from within the borders of a single Socialist nation-state. The Socialist nation-state described could be any nation claiming to be Socialistic. How its Socialism was made into… Read More ›
Compendium: World Reserve Currencies
Even though the Bretton Woods System is dead, the US Dollar still continues to be the “World Reserve Currency.” Everyone knows the Value of the US Dollar within Exchange Rates and everyone outside the Western world clamors for it during… Read More ›
Compendium: Theories of Money (Pt. I of II)
Competing Theories of Money have proliferated in the Western world when the concept of Currency became grew increasingly important since the Renaissance. In addition to the Theories of Value that argued for different ways to determine how much something should… Read More ›
On the Validity of the Global Savings Glut (GSG)
Are there any discernible connections between the spiraling amounts of Schuld owned by billions of people and dozens of nation-states and the planetary-wide proliferation of Fiat Currencies since the death of Bretton Woods? This Blog has found convincing evidence to… Read More ›
