When Germany suspended the gold standard to help fund the costs of WWI, they set in motion a series of economic dominoes that concluded with a grand finale: a system of global monetary rules and standards.
While hindsight is always 20/20, it is helpful to look back at the causes for Germany’s dire economic situation in the 1910s to see how one catastrophic mistake lead to another. The result, the end of the gold standard and a monetary system built on predatory lending has only deepened our persistent economic malaise.
Continue reading “The Lasting Effects of The Nazis”
The Bretton Woods Agreement was a landmark piece of financial legislation passed in the fallout of WWII. Then a new world order was created around the strength of the USD and the short-term gains of a debt-based economy. Although doomed to failure, it did allow American interests to take center stage in a new, globalized financial system.
Continue reading “The Massacre At Bretton Woods”
Back-to-back administrations in the late 70s and 80s were unable to prevent the specter of stagflation from taking over the economy. Although every macroeconomic policy under the sun was attempted, and both Carter and Reagan were undermined by sea change in America’s debt structure, the increasing sale of national debt to foreign governments to finance further deficit spending.
Continue reading “America’s Addiction to Debt”
I wrote my first book, ‘Optimizing America’ as a way of telling an important story about our dysfunctional economy. The world we live in is full of scarcity, yet we have an abundance of resources. This simple fact should make you wonder why that is. My first book describes a big solution for most of our world’s problems. However, I want to get the message out faster. So, I wrote a booklet that I am giving away for free.
Continue reading “What You Need to Know About My First Book and Why I’m Giving it Away for Free”