The Jolly Roger Dollar and the pirates that made it eBook George Ford Smith
Download As PDF : The Jolly Roger Dollar and the pirates that made it eBook George Ford Smith
In his 1982 article, “Monetary Policy Theory and Practice,” Nobel laureate Milton Friedman said that "if a domestic money consists of a commodity, a pure gold standard or cowrie bead standard, the principles of monetary policy are very simple. There aren’t any. The commodity money takes care of itself."
It takes care of itself. Consider that thought for a moment, then ask yourself why we've had politically-appointed bureaucrats running the money and banking system since 1913. The "official" reason was to maintain the stability of the dollar and avoid the kind of panics that plagued the 19th century economy. But the dollar has all but dried up in value, and the crises today are threatening to bring the whole planet to its knees.
Is it possible the commodity we had been using for money - gold - has been hijacked for special interests? Is it possible that gold has been given a bad rap, that banking itself has been the cause of financial crises throughout history?
The Jolly Roger Dollar addresses these questions in detail, providing numerous hyperlinks to web resources as references for further reading.
The Jolly Roger Dollar and the pirates that made it eBook George Ford Smith
George Ford Smith hit a home run when he wrote this excellent history about the Federal Reserve, its questionable beginnings, and the questionable characters involved in its founding, and the resulting tragedies suffered by the citizens of the United States because of the Fed.This book provides a concise record of the failures of a system that was promoted by its advocates as the instrument to prevent such failures. Fiat currency throughout time has proven to be a masked robber of the citizens who have been stuck with it. The dollar, no longer backed by real money, is no different, and 'The Jolly Roger Dollar' shows how this sorry state of affairs has been engineered by the Fed.
This is a book that all Americans need to read now.
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The Jolly Roger Dollar and the pirates that made it eBook George Ford Smith Reviews
An excellent primer on the Austrian School critique of our economic troubles.
George Ford Smith hit a home run when he wrote this excellent history about the Federal Reserve, its questionable beginnings, and the questionable characters involved in its founding, and the resulting tragedies suffered by the citizens of the United States because of the Fed.
This book provides a concise record of the failures of a system that was promoted by its advocates as the instrument to prevent such failures. Fiat currency throughout time has proven to be a masked robber of the citizens who have been stuck with it. The dollar, no longer backed by real money, is no different, and 'The Jolly Roger Dollar' shows how this sorry state of affairs has been engineered by the Fed.
This is a book that all Americans need to read now.
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