#63 Why Money?
What is money? Why do we use it? When faced with the reality of today and our struggles with money, idealists often ask “If money is the ‘root of all evil’, why not just go…
What is money? Why do we use it? When faced with the reality of today and our struggles with money, idealists often ask “If money is the ‘root of all evil’, why not just go…
On August 15th 1971, 49 years ago today, Richard Nixon, the only president of the US to ever resign, announced to the public: I have directed Secretary Connally to suspend temporarily the convertibility of the…
Stocks serve an important function in our society, but that function was fundamentally broken by the distortion of the medium-of-exchange, unit-of-account, and store-of-value that underlies our economy. Money Historically, money (gold), was an excellent store…