In today’s post I want to discuss the Zimbabwe Hyperinflation economic crisis that occurred, why it happened, and dive into some key takeaways that are essential we remember in the United States. How Bad was Hyperinflation in Zimbabwe? Compared to other hyperinflation events that have occurred around the world recently Zimbabwe really stands out and is…
Today I want to talk about the Panic of 1907 and how this event was used to create the Federal Reserve, that ultimately led to our current fiat money system. Now, a lot has been said about the Panic of 1907 and, most often it is said that a lack of liquidity caused and exasperated…
In this article, we will take a historical look at the United States’ first documented discovery of gold and America’s first gold mine, which ultimately led to the establishment of the now defunct Charlotte Mint. Getting a Charlotte gold coin has been on my wish list for years and as you’ll see there’s good reason…
Thomas Jefferson said: “Specie [gold and silver coin] is the most perfect medium because it will preserve its own level; because, having intrinsic and universal value, it can never die in our hands, and it is the surest resource of reliance in time of war.” “If the American people ever allow private banks to control…
