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Category Archives: Economics
Brilliant Bastiat
I have quoted from Bastiat before, and will again. Here below is something from his “Harmonies of Political Economy”, the full text of which can be found here.
Posted in Economics, Politics
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Canadian MoneySaver Article
I was honoured in having Canadian MoneySaver publish some of my thoughts on money in their October 2012 edition. They were also good enough to provide me a PDF of the article: OCT12_MoneyandCurrency_Bacque
Posted in Economics, Investing, Science and Technology
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On certainty
One of the great motive forces in man’s action is the desire to reduce uncertainty. Almost everything we do can be viewed as “insurance”. We eat now in case we are unable to eat later. We build a roof over … Continue reading
Posted in Eclection, Economics, Uncategorized
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Truth is not a four-letter word
A man claiming to be Truth arrives at the temple, and wishes to meet the Dalai Lama. Announced, Truth enters, sits, and the two sit long, in silence, examining each other. Truth eventually breaks the silence, and says: “I am … Continue reading
Gold standards that work
In previous posts I talked about how we discovered money, and about the failed Bretton Woods gold standard. One must ask: is it possible to have gold as our money, yet still use paper or digital currency? The answer is … Continue reading
Posted in Economics, Not-so-current Events, Politics
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Bacq 2 Bretton Woods
I hope if you are reading this, you understand that we didn’t invent money, we discovered it, and that gold is money, or more correctly, currency. We should really reserve “money” to describe the idea alone, and “currency” for what … Continue reading
Posted in Economics, Not-so-current Events, Politics, Uncategorized
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Why gold, why tree?
Seeing as we still have the site up, I thought it might be a good idea to try and find all the old passwords etc, find my way in, and try to recall how to create a post here. Done. … Continue reading
Posted in Economics, Politics, Uncategorized
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What’s up with SLV?
I have written about money and perhaps even a bit about precious metals manipulation here before (check in the “economics” section), but I just saw something worthy of note, I think, as I also saw it yesterday, but was unable … Continue reading
Posted in Economics, Investing
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The visualization of progress
Here is a fascinating view of the last two hundred years of global economic activity. As Dennis Gartman might say, we do indeed seem to be moving from the bottom left to the top right, from poor and unhealthy towards … Continue reading
Posted in Economics
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Nigel Farage strikes again!
This guy knows how to spout truth about the EU! I couldn’t agree more about the poor Irish, who have been suckered by the bankers. If they, like Iceland, defaulted and restructured around a new Irish currency instead of lining … Continue reading
Posted in Current Events, Economics, Politics
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