Monthly Archives: September 2010
Panic of 1907: Prelude To The Federal Reserve
ΩΩIt is very interesting to me how economic cycles are so stubborn. Many years ago, people realized that credit bubbles always led to debt defaults which causes government budget deficits, a collapse of global trade and currency devaluations. The solution … Continue reading
Filed under .money matters, gold, Politics
1896: The Gold Is Good and Silver Is Inflation Debate
ΩΩI am endlessly fascinated by the Great Depression of the 1890′s. This was as difficult a time as the Great Depression of the 1930′s and the present Great Depression of 2010. The debates are nearly identical only they are waged … Continue reading
Filed under .money matters, Free Trade, gold, Politics, religion
