Recent content by Republicae

It is important to understand that while Talley Sticks were successful that there were also corresponding currencies in use during the period that Talley Sticks were used. Concerning Colonial Scrip, it worked for a while but by the late 1750s, hyper-inflation had wrecked the economies of...

The MONEY BASE is composed of currency and coins outside the banking system plus liabilities to the deposit money banks. That is money that is in circulation and it is inflationary since it consist of only the most liquid forms of money. Reserves and monetary base figures incorporate adjustments...

Happy Birthday FED (b. 12-23-1913-d. 2010) Yes, basically that is called "Soft-Currency" and the under the "watchful" eye of the FED it was tried. The dollar was still exchageable at a given rate of redeemption, but the FED could and did expand the money supply beyond the gold reserves. I...

If you have noticed over the last couple of decades the interest rate spread tolerance in the economy has narrowed. At one time the economy could bear an interest rate hike that is no longer the case. That is normally a sign that the fiat monetary substructure of the economy has reached the...

"Mish has been predicting deflation (which we are in right now) while Schiff was predicting inflation and hyperinflation (wrong)." Don't let yourself become too short-sighted. Schiff, like Mish, knows that the artifically induced business cycle includes the BOOM and the BUST. We are in the...

There was a time in this country when those who advocated a Fiat Monetary Standard were considered certifiable crackpots, monetary quacks and dangerous interventionists set on domination of both the political and economic processes in this country, the roles have been reversed and those who...

We live under such well-crafted illusions; the biggest is perhaps the one that is known as the "Dollar". The hard-core illusion about the "Dollar" really began in earnest in 1933, when, in the depth of economic depression, FDR "revalued" gold. He artificially raised the price of gold from $20.67...

Today, we have those in the Halls of Power who are seeking to find some artificial remedy for the troubles in which we now find ourselves in this contrived and manipulated economy. They seek to find a cure within the very system that is the cause of the ailment. They are reaching deep in the...

If it comes down to "saving" the Second Amendment, then, at that point, it will be saved at the end of a smoking barrel.

Ethics and morals are not exclusive to the christian religion, to imply such is a misapplication of the principles that preceded christianity for several thousands of years. A moral compass doesn't necessarily come in the form of a cross, in fact, more times than not, I have found some of the...

This kid is the only one that seems to support a return to Constitutional Order, he is up against the Obamaites in this Inaugural Essay Contest. http://stltoday.upickem.net/engine/Votes.aspx?PageType=VOTING&contestid=4010

“America goes not abroad, in search of monsters to destroy. She is the well-wisher to the freedom and independence of all. She is the champion and vindicator only of her own. She will commend the general cause by the countenance of her voice, and the benignant sympathy of her example. She well...

Exactly, at this point they are de facto federal employees instead of agents of their respective State Republics.

So, you don’t believe in the sovereignty of nations, what do you think about our own sovereignty? Is it also open to intervention based upon the determination of another nation? If intervention is based upon unilateral determinate values then are you open to our own land being invaded? Did you...

It is interesting that the goal of tyranny is clearly stated in an early 1880 news editorial that relates to the election of Garfield. In it you will notice the last word in all caps: REX.! The Sentinel said it best: "Garfield's rule will be the transitory period between State Sovereignty and...