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On the Road to the Golden Age We have previously discussed the inflationary period that defined the U.S. economy of the 1970s after gold was removed as the U.S. dollar backing, as well as how then Federal Reserve chairman, Paul Volcker, was able to stomp out inflation with equally dramatic interest rate hikes and the…
Category: News
Rogers Outage Provides Public Crash Course on Sound Money
Rogers Outage Provides Public Crash Course on Sound Money If you are a customer of Rogers or one of its subsidiary brands Fido, Cityfone, or Chatr – you found yourself waking up the morning of July 8th having been thrust back a couple of generations without access to cell service, an internet connection, TV services,…
Consequences of an Inflationary Recession
Consequences of an Inflationary Recession The Reality of a Recession June was a crucial month in the financial world. The end of Q2 meant many were eagerly awaiting the official U.S. GDP announcement. However, the Q2 GDP reveal only confirmed what many already knew—it did not mark the start of a recession but proved that…
Why do central banks raise interest rates to curb inflation?
Why do central banks raise interest rates to curb inflation? With inflation reaching record highs, central banks across the globe are pushing for interest rates to climb at their fastest pace in decades. As prices grow, the US Federal Reserve, the Bank of England, and the European Central Bank all take substantial anti-inflation policies….
Royal Mint UK Britannia Coins
Royal Mint UK Britannia Coins Since 1987, the Royal Mint in the United Kingdom has been producing gold Britannia coins; from 1997, they have produced silver Britannia coins; and since 2018, they have produced platinum Britannia coins. Britannia, a female personification of the United Kingdom, is featured in a variety of different portrayals on the…
