Last Updated: Nov 19th, 2009 - 11:07:39 Newsletters : 2009 Newsletters : 3 July 2009 Thought for the Day Our own politicians seem to understand that borrowing and printing more and more money is not a solution to an excess money supply. John Key has said as much. However New Zealand is but a cork bobbing on the money oceans of the world and keeping the ship of state stable is nigh on impossible as the world reserve currency suddenly tears loose from its moorings. Where is the safe harbour? Jul 3, 2009, 12:06 Newsletters : 2009 Newsletters : 3 July 2009 Paul Wins Huge Support in House For Bill to Audit Fed Ron Paul understands REAL Economics and has been gunning for the Fed for many years. Suddenly he has a lot of support. Things are getting more interesting. Jul 2, 2009, 11:33 Newsletters : 2009 Newsletters : 3 July 2009 Only Criminals Use Honest Money It is time to understand money. [ Visit Website ] Jun 29, 2009, 17:43 Newsletters : 2009 Newsletters : 3 July 2009 What Does a Trillion Dollars Look Like? It is sometimes hard to get things into perspective. Usually a picture will help! [ Visit Website ] Jun 27, 2009, 16:01 Newsletters : 2009 Newsletters : 3 July 2009 Don't worry, be happy. For 50 years New Zealand has been running down hill relative to the rest of the world. I cannot tell how long this will go on for but at some stage we will collect our thoughts as a nation and get back up. Just like Nick. [ Visit Website ] Jun 26, 2009, 12:59 Newsletters : 2009 Newsletters : 3 July 2009 China Should Hedge Dollar With Gold, Party Researcher Says More stories from China. China had paper and printing in 900AD and started using paper money. This lasted a 100 years or so and then disappeared in a cloud of hyper-inflation. They called paper money Fly Away Money. Which shows a certain sense of humour. China shifted to a silver currency which lasted until the 1930s when America persuaded them to shift to paper again. Think about the Chinese civilisation in 900AD and think what America was like at the same time. The founding fathers of America stipulated that money should only be gold or silver. They knew a thing or two! Interesting times indeed. Jun 26, 2009, 12:28 Newsletters : 2009 Newsletters : 3 July 2009 How to Solve the Boy Racer Problem Just have a look at this. Solving the Boy Racer problem the easy way. No need for the Car Crusher! Is it good economics - Absolutely! [ Visit Website ] Jun 25, 2009, 12:39 Newsletters : 2009 Newsletters : 3 July 2009 Déjà vu All Over Again. Once More. The question remains, "Can the Government of the United States of America print enough money to spend it's way out of the current recession/depression without creating hyper-inflation?" Bill Bonner thinks things are looking remarkably similar to Argentina in the 1980s and 1990s and Germany in the 1920s. Ludwig von Mises thinks that hyper-inflation is inevitable - if not now then later. I wonder what happens when the world's Reserve Currency hyper-inflates? Jun 22, 2009, 16:49 Newsletters : 2009 Newsletters : 3 July 2009 Transfer of Wealth What's the point of understanding economics and what our governments and our bankers are doing if we don't take advantage of this new found knowledge. As the Chinese motto goes, "To get rich is glorious". [ Visit Website ] Jun 20, 2009, 12:05 Newsletters : 2009 Newsletters : 3 July 2009 Quote for the Week Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. Ayn Rand, “Atlas Shrugged” Jun 3, 2009, 12:04