Jesse's Café Américain

Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942

Showing posts with label US monetary history. Show all posts
Showing posts with label US monetary history. Show all posts
29 September 2018

US Debt and the Restraint of a Gold Standard

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Although FDR ended the use of gold in domestic circulation as currency in 1933, the US dollar remained on the gold standard until 1971.   ...
11 June 2014

Currency War: 140 Years of Monetary History in Ten Minutes

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Like most complex subjects reduced to a ten minute summation, there are plenty of nuances lost here, and one might certainly take issue ...
29 November 2009

The 38 Year Cycle in US Monetary History

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I am not a big believer in comprehensive cycle theory. The weakness of cycles is the same as all systems that seek to impose an external o...
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