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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…
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Chinese Panda Coin
One of the most well-known bullion coins in circulation today is the Chinese Panda coin. Since 1982, it has been published annually by the People’s Republic of China. History The loving giant panda, a symbol of China that is recognized all over the world, is shown on this popular coin. The design of the…
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 June was an extremely important month in the financial world for one main reason; that reason being that upon months conclusion it would also mark the end of Q2 leaving many of us waiting for the official GDP announcement for the U.S. to be revealed. However, the Q2 GDP number…
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….
