Watch all episodes of the Hidden Secrets of Money series here. After watching the series you will have you a good grasp of the history of money and what’s happening with the world financial system these days. You will also see clearly that money goes in cycles. As a result, you can make sound financial … [keep reading..]
Q. What industries will blockchain disrupt the most? A. I think blockchain will disrupt the banking industry the most. That’s because blockchain serves cryptocurrency projects. One of the requirements of a cryptocurrency is that the number of creation of new units should be controlled. The above cannot be said about the modern fiat paper … [keep reading..]
In the previous writings, I stated that a fiat currency always fails, earlier or later. In fact, according to a well-known monetary historian and finance educator, Mike Maloney, the average life expectancy of a fiat currency is 27 years. It all began with Mike’s family accountant. Failing account, to be accurate. He was the one … [keep reading..]
A 70-year old, blond-haired (or is it red?) hotel builder ended up to be “the chosen”. Donald Trump and the gold standard is a good subject to talk about if you look at the election from the perspective of the yellow metal. Judging by what he says, Trump likes the gold standard (and no doubt gold in general, … [keep reading..]
Purchasing power of the US dollar is a dry topic but it directly shows why you would want to have some gold under your mattress. So, grabbing an overall picture of the dollar’s shrinkage is a must. All right, look at the graph above. What happened? The purchasing power of the dollar since 1913 shrank significantly. … [keep reading..]