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Archive for February, 2010

Feb
22

Hyper Inflation Is The Recovery Plan

Posted by: PC | Comments (10)

us treasury bill cartoon Hyper Inflation Is The Recovery Plan

By Peter Costa

Since 2008 the US economy has been hit with a wrecking ball. It started with sub prime mortgages faltering and has escaladed into a credit crisis. From toxic mortgage debt to the banking crisis unfolding, the US economy has been in need of surplus capital. In the last 2 years with the combined private bailouts and stimulus packages we have spent well over $2 trillion trying to keep the economy afloat. As each year passes the need for capital is only compounding. Our deficit is at an all time high and projections for the future seem grim. As new budget plans are purposed for 2010 we can start to gauge where the year will take us and how close we are to hyper inflation. Read More→

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Feb
21

Inconvertible Fiat Money Standard

Posted by: PC | Comments (1)

Inconvertible fiat money standard1 Inconvertible Fiat Money Standard

Inconvertible Fiat Money Standard

Inconvertible Fiat money standard can be best defined as the paper currency which cannot be converted into any other form of currency. Read More→

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Feb
21

Gold Standard Fiat Money

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Gold standard fiat money Gold Standard Fiat Money

Gold Standard Fiat Money

Gold standard Fiat money can be defined in simple words as the value fixed by the different governments of the world of their domestic currency on the basis of a certain specified amount of gold. Read More→

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Feb
21

Fiat System

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Fiat System Fiat System

Fiat System

Fiat system can be defined as the system wherein the money is used for the purpose of storage in order to purchase power. The Fiat system is also known as a system which is completely opposite to the barter system which was universally used in the old age. Read More→

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Feb
21

Fiat Money

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Fiat Money Fiat Money

Fiat Money

Fiat money can be basically defined as the money which is declared as legal tender by the government. Fiat money can also be defined as the money which is state issued. Read More→

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Feb
21

Fiat Money System

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Fiat Money System Fiat Money System

Fiat Money System

Fiat money system is the one which has the characteristics exactly opposite to those of the barter system. The Fiat money system is also a very old system like the barter system. Read More→

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Feb
21

Fiat Money Inflation

Posted by: PC | Comments (1)

Fiat Money Inflation Fiat Money Inflation

Fiat Money Inflation

Fiat money inflation is known as one of the most deadly money inflations in the economic field. Fiat money inflation is also popularly known as hyper inflation around the world. Read More→

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Feb
21

Fiat Money Inflation In France

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Fiat money inflation in France Fiat Money Inflation In France

Fiat Money Inflation In France

Fiat money inflation in France is one of the perfect examples of how devastating Fiat money inflation can be and how it can simply bring an economy crushing down in no time. Read More→

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Feb
20

Fiat money Federal Reserve

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Fiat money Federal Reserve1 Fiat money Federal Reserve

Fiat money Federal Reserve

Fiat money Federal Reserve has been a topic of debate over many years, especially in the United States of America. One of the reasons for this is the fact that the Fiat system has been a weak and unstable Read More→

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Feb
20

Fiat Monetary System

Posted by: PC | Comments (0)

Fiat Monetary System Fiat Monetary System

Fiat Monetary System

Fiat monetary system is known as one of the weakest monetary systems in the world. One of the drawbacks of this system is the fact that it not stable and the core foundation of the system is weak. Read More→

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