Category Archives: fiat currency
TODAY, JAZZ—TOMORROW, REVOLUTION?
I had no idea before I clicked over to his page, but it was no surprise to find out that a person who was participating in the same Facebook conversation that I was and had come to the same conclusions … Continue reading
SELF-ISSUED CURRENCY: THE WAY OUT OF DEBT SLAVERY
Check out this extremely relevant and important article from Washington’s Blog: 9 Mind-Blowing Facts About Money. It is a great primer for those not familiar with fiat currency and the fact that modern currency is, without question, created out … Continue reading
WHY NOT EMBRACE WORTHLESS CURRENCY?
Extremely interesting post from Sprott Money linked at Zero Hedge (Debt-Free Money: NOT A Solution, Zero Hedge, Feb. 10, 2015), in which the lawsuit of COMER v. Bank of Canada is evaluated. I will confess that until reading the article, … Continue reading
LIBERTY ROAD COMIX: NEW FEATURE
A new, periodic feature here at LRM—a cartoon or comic. In the past I have done some cartooning under the titles “Eggs Is Tense” and “Free Country.” I miss doing it and occasionally get ideas for cartoons and figured, why … Continue reading
ANALYST ON BANK OF AMERICA: “Cesspools like BAC need to be completely drained”
Wow! David Stockman pulls zero punches in this excellent rant (“Shoot Bank Of America Now—-The Case For Super Glass-Steagall Is Overwhelming,” Contra Corner, Feb. 11, 2015) on how a company like Bank of America in any legitimate legal context … Continue reading
THE “MERS-LPS RACKETEERING ENTERPRISE”: HARKEY V. US BANK ET AL.
A complaint filed on January 20, 2015 in U.S. District Court for Nevada—Michael Harkey v. U.S. Bank et al. (Case No. 2:14-cv-00177-RFB-GWF)–really breaks down exactly what the scam of MERS is, and it does so with a level of clarity … Continue reading
THE END OF CHEAP LABOR AND CHEAP CREDIT—WHAT NEXT?
So I agree with the overall premise of this David Stockman article: cheap labor in the East allowed cheap credit to proliferate in the West: “It was the two-decades-long flow of quasi-slave labor into the export factories of east China … Continue reading
DEBT JUBILEE: THE AFTERMATH
Let’s say that tomorrow, out of the blue, there was a complete debt jubilee. Meaning, if you went to bed tonight with $100K in student loans and $3K left until your car is paid off, and a mortgage you’re 20 … Continue reading
BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM
We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it. This is uncontroversial … Continue reading
43 YEARS OF FAKE MONEY: MUST-WATCH VIDEO
Finally broke down and watched one of the videos I had been hearing about on the Peak Prosperity website. This video was the 9th in a series of 27 and was appropriately posted last Friday, August 15, the 43rd anniversary of … Continue reading