18 Dec 2014
US Marijuana Advocate Beats Child Protective Services And Wins His Daughter Back! Parts 1 & 2
Explaining Money To Your Children
The Dissident Dad: Money is a very important part of all our lives. The understanding of
money, how it works, and how we treat it can dramatically improve or
diminish our quality of life.
Based on my writings and videos on YouTube, you might think my
definition of money is gold and silver, but it’s not. Money is simply a
medium of exchange. It can be represented by everything from gold to
horse manure. Okay, maybe not horse manure, but it’s not a far stretch
with the most popular form of money today being central bank notes
loaned out into existence.
The state would love to have you believe that money can only originate from itself, yet people have organically started to use bitcoins and other crypto-currencies as a medium of exchange. Nevertheless, our culture continues to worship fiat currency as if it is the only type of money. I can’t change the fact that at this moment in time the U.S. dollar is the measuring stick for goods and services when it comes to prices. Trying to disprove and dispute this fact was something I struggled with early on when I used to teach my children that only gold and silver were money.
Based on my writings and videos on YouTube, you might think my
definition of money is gold and silver, but it’s not. Money is simply a
medium of exchange. It can be represented by everything from gold to
horse manure. Okay, maybe not horse manure, but it’s not a far stretch
with the most popular form of money today being central bank notes
loaned out into existence.The state would love to have you believe that money can only originate from itself, yet people have organically started to use bitcoins and other crypto-currencies as a medium of exchange. Nevertheless, our culture continues to worship fiat currency as if it is the only type of money. I can’t change the fact that at this moment in time the U.S. dollar is the measuring stick for goods and services when it comes to prices. Trying to disprove and dispute this fact was something I struggled with early on when I used to teach my children that only gold and silver were money.
Hamas Removed From EU Terrorism Blacklist
"Hamas are like the founding fathers of America v the British. ...America and Israel are terrorist." Secular Talk
China Prepares To Bailout Russia
Submitted by Tyler Durden: Earlier this evening China's State Administration of Foreign Exchange's (SAFE) Wang Yungui noted "the impact of the Russian Ruble depreciation was unclear yet, and, as Bloomberg reported, "SAFE is closely watching Ruble's depreciation and encouraging companies to hedge Ruble risks." His comments also echoed the ongoing FX reform agenda aimed at increasing Yuan flexibility which The South China Morning Post then hinted in a story entitled "Russia may seek China help to deal with crisis," which which noted that Russia could fall back on its 150 billion yuan ($24 billion) currency swap agreement with China if the ruble continues to plunge, that was signed in October. Furthermore, two bankers close to the PBOC reportedly said the swap-line was meant to reduce the role of the US dollar if China and Russia need to help each other overcome a liquidity squeeze. As Bloomberg reported, earlier in the evening, China's Wang Yungui noted
- *CHINA IS CLOSELY WATCHING RUBLE'S DEPRECIATION: SAFE'S WANG
- *CHINA ENCOURAGES COS. TO HEDGE RUBLE RISKS, SAFE'S WANG SAYS
- *REAL IMPACT OF RUBLE DEPRECIATION UNCLEAR YET, SAFE'S WANG SAYS
There Is Hope In Understanding That A Great Economic Collapse Is Coming
By Michael Snyder: If you were about to take a final exam, would you have more hope or more fear if you didn’t understand any of the questions and you had not prepared for the test at all? I think that virtually all of us have had dreams where we show up for an exam that we have not studied for. Those dreams can be pretty terrifying. And of course if you were ever in such a situation in real life, you probably did very, very poorly on that test. The reason I have brought up this hypothetical is to make a point. My point is that there is hope in understanding what is ahead of us, and there is hope in getting prepared. Since I started The Economic Collapse Blog back in 2009, there have always been a few people that have accused me of spreading fear. That frustrates me, because what I am actually doing is the exact opposite of that. When a hurricane is approaching, is it “spreading fear” to tell people to board up their windows? Of course not. In fact, you just might save someone’s life. Or if you were walking down the street one day and you saw someone that wasn’t looking and was about to step out into the road in front of a bus, what would the rational thing to do be? Anyone that has any sense of compassion would yell out and warn that other person to stay back. Yes, that other individual may be startled for a moment, but in the end you will be thanked warmly for saving that person from major injury or worse. Well, as a nation the USA is about to be slammed by the hardest times that any of us have ever experienced. If we care about those around us, we should be sounding the alarm.Financial Market Manipulation Is The New Trend: Can It Continue?
Financial Imperialists Attack Russia
By Paul Craig Roberts: A dangerous new trend is the successful manipulation of the financial markets by the Federal Reserve, other central banks, private banks, and the US Treasury. The Federal Reserve reduced real interest rates on US government debt obligations first to zero and then pushed real interest rates into negative territory. Today the government charges you for the privilege of purchasing its bonds.
People pay to park their money in Treasury debt obligations, because they do not trust the banks and they know that the government can print the money to pay off the bonds. Today Treasury bond investors pay a fee in order to guarantee that they will receive the nominal face value (minus the fee) of their investment in government debt instruments.
The fee is paid in a premium, which raises the cost of the debt instrument above its face value and is paid again in accepting a negative rate of return, as the interest rate is less than the inflation rate.
Think about this for a minute. Allegedly the US is experiencing economic recovery. Normally with rising economic activity interest rates rise as consumers and investors bid for credit. But not in this “recovery.”
Normally an economic recovery produces rising consumer spending, rising profits, and more investment. But what we experience is flat and declining consumer spending as jobs are offshored and retail stores close. Profits result from labor cost savings from employee layoffs.
People pay to park their money in Treasury debt obligations, because they do not trust the banks and they know that the government can print the money to pay off the bonds. Today Treasury bond investors pay a fee in order to guarantee that they will receive the nominal face value (minus the fee) of their investment in government debt instruments.
The fee is paid in a premium, which raises the cost of the debt instrument above its face value and is paid again in accepting a negative rate of return, as the interest rate is less than the inflation rate.
Think about this for a minute. Allegedly the US is experiencing economic recovery. Normally with rising economic activity interest rates rise as consumers and investors bid for credit. But not in this “recovery.”
Normally an economic recovery produces rising consumer spending, rising profits, and more investment. But what we experience is flat and declining consumer spending as jobs are offshored and retail stores close. Profits result from labor cost savings from employee layoffs.