When Money Becomes Everything
Money solves the problem of the double coincidence of wants. A farmer sells his wheat for something widely accepted in exchange, then uses it to buy shoes.
Dollar
Market Coiling
As a market sits in a range of prices, the next question becomes: will the price break higher or lower? Surely in a fiat-money environment, such a market will do one thing or another, but not stay in the range forever.
Inflation And The Purchasing Power Decline Of Small Coins
Unlike our current monetary policy, the philosophy of a coin’s weight containing its stated monetary value in its metal composition was a mainstay of the early republic.
Don’t Let The Fed Steal Your Kids’ Future
And, since the Fed rarely if ever hits the 2 percent target, CPI calculations based on government historical data show prices increasing at a much higher rate.
Trump $1 Coin Hits The Market As America Marks 250 Years
Trump previously called the idea unusual but said he was honored by the tribute.
Trump’s $250 Bill Is Nice. But Reconciliation 3.0 Should Come First.
“I don’t think that there’s anything untoward about having the president of the United States, that the person who was president of the United States on the 250th anniversary bill,” Bessent said
Inflation Fears Push Consumer Mood To Historic Low
The consumer sentiment index dropped to 44.2, marking the third straight monthly decline and falling below the previous record low set in April
Gold’s Grim Message
Central banks’ purchases and repatriation of gold are on the rise, and both should be viewed as a symptom of deglobalization. They signal the advent of a more geopolitically fragmented world in which cross-border transactions of all kinds are poised to become more difficult and costly.
