Following a brief respite, panic appeared to set in overnight as 'Stablecoin' Terra failed to steady its bleeding crypto assets.
In recent articles I have argued that the era of a financialised fiat dollar standard is ending. This article takes my hypothesis further and explains that it is not just the emergence of new commodity backed currencies in Asia that will threaten the
To explain why fiat currencies are failing I started by defining money. I then described the relationship between fiat money and its purchasing power, the role of bank credit, and the interests of central banks.
Commentators are trying to make sense of Russian moves. However, there is a back story which differs from much of the speculation, which this article addresses.
Rising interest rates threaten to destabilise both financial asset values and the fiat currencies in which they are priced. This outcome is feared by the chattering classes who increasingly speculate about currency resets.
The perpetual warfare of the last two decades will lose its source of funding as we transition from fiat money to Bitcoin...
Friend of Fringe Finance Lawrence Lepard released his most recent investor letter a few weeks ago with his updated take on the monetary miasma spreading across the globe.
If Fiat Believers Acted Like Bitcoin Enthusiasts!
Private link for Patrons-only. Divesting from absolute monarchy, people reinvest their trust in a new power.
Let's start with this: over the course of the past two years alone, the Federal Reserve has printed approximately 80% of the US dollar supply. The money printing machines must be running around the clock.
The world is in distress. The fiat era is coming to an end, and Turkey, China and many others are at collapse thresholds in their economy. Here are my thoughts on the global economy and how individuals could protect themselves. The world is at a cros
Most emerging and developed market currencies have devalued significantly relative to the United States dollar in 2021 despite the Federal Reserve's aggressive monetary policy.
With the threat of dollar hyperinflation now becoming a reality it is time to consider what will be required to stabilise the currency, and by extension the other fiat currencies which regard the dollar as their reserve.
Happy Birthday, fiat currency!
On 15 August, the United States marked the 50th anniversary of the birth of fiat currency, or a currency that depends on faith in the Federal Reserve and not in the gold standard. Like most 50th anniversaries, this one shows the celebrant worse for w
"The fiat fraud is inherent to the fiat system and we can see it today in USA. Monetary issuance went to the moon, you understand? The dollar as hard money is a joke."
"We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission; which is the stage of the darkest periods of human history, the stage of
Accompanied by soft piano music playing in the background, the official said: "Your money is safe at the banks. The last thing you should be doing is pulling your money out of the banks thinking it's going to be safer somewhere else."
Bitcoin Cash - Cryptocurrency Market
Here's an interview Paul did with the Wealth Research Group last week on cryptocurrencies, government money, financial predictions, and the US mid-term elections.
Half of nearly all transactions involve money, a medium of exchange (MOE). For almost everyone, one of those halves has always been derived, considered, instituted by governments.