Tag: Government

The Lasting Effects of The Nazis

An Ounce of Prevention An Eternity of Pain

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.

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Nixon’s Devastating Legacy

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In 1971, President Nixon permanently dislodged the USD from the gold standard, ending nearly forty years of global monetary policy in which the USD was equal to a fixed price for gold. In its place, Nixon decided to introduce a floating currency exchange system called Fiat which remains in place today.

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The Constitution and the Problem with Representational Government

Constitution

There is a lot of hypocrisy in American political history. The Civil War had as much to do with business interests as a desire to end slavery, for example. Or take the Federal Reserve. An entity created to stabilize the consumer economy has created a nation built on debt that only serves the interests of the financial sector.

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The Debt Solution: How to Grow the American Economy by Redesigning the Federal Reserve

We live in an economic system engineered to prop up the financial class. Many pockets of everyday life could be optimized if it were not for structural constraints put in place by the bankers, stock brokers, and Federal monetary policy.

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