Archive for the ‘History’ Category

Dick Distelhorst’s Rebuttal of Von Mises Criticisms

by Peter on April 1st, 2010

Filed under: Current Events, History | Tags: , , ,

The AMI’s Dick Distelhorst wrote a lengthy rebuttal in the comment section of the von Mises blog article: The Dangers of Monetary Reform, which we reprint here.

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The Coinage Clause in the Constitution

by Peter on April 1st, 2010

Filed under: History | Tags: , , , , , , , , , , ,

…an exhaustive review of the “coinage clause” in Article 1 Section 8 which concludes “the money thus “coined” did not need to be metallic. Paper or any other material that Congress selected would suffice.”

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The Other Flow of History

by Joe on March 16th, 2010

Filed under: Coffee with Joe, Current Events, FAQs, History, Joe's Video Replies, Videos | Tags: , , , , ,

Joe responds to the ModernMystic that society will err in a major way if we even consider that the ratings agencies can determine the cost of government’s efforts to maintain economic stability, when it was the ratings agencies that caused the government’s actions in the first place by the agencies’ failure to properly “rate” the [...]

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Coffee with Joe 3/5/10: von Mises Criticisms

by Peter on March 7th, 2010

Filed under: Coffee with Joe, Current Events, History, Videos | Tags: , , , , , , , , , ,

A series of videos rebutting the criticisms presented in The Dangers of Monetary Reform at the Libertarian/Austrian von Mises website. See also, the posting Dick Distelhorst’s Rebuttal of Von Mises Criticisms. Part 1: Introduction, in which Pete lists the legitimate topics for discussion: Part 2: Constitutionality: (see also this on the “coinage clause” in Article [...]

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Coffee with Joe 11-16-09 Part 2 (of 2): Not Worth a Continental!

by Peter on November 16th, 2009

Filed under: Coffee with Joe, History, Videos | Tags: , , , , , ,

Joe discusses the mythology behind the Continental, the debt-free currency that allowed the colonies to fund the revolutionary war independent of the european banks, as well as the hyperinflation of the Weimar currency in the 1920s. He recommends students read Stephen Zarlenga’s The Lost Science of Money for more detail. In Part 1, Joe distinguishes [...]

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Coffee with Joe 11-16-09, Part 1 (of 2) Fiat Money: Debt-Based or Debt-Free?

by Peter on November 16th, 2009

Filed under: Coffee with Joe, History, Videos | Tags: , , , , , , , , , , , , ,

In today’s Coffee, Part 1, Joe distinguishes between debt-based (what we have now) and debt-free fiat money systems and explains why the debt-free solution is superior to reforms suggested by Austrian economists (like Peter Schiff), such as free banking and commodity (i.e. gold) backing. In Part 2, Joe discusses the mythology behind the Continental, the [...]

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The Mother of All Free Lunches

by Peter on October 23rd, 2009

Filed under: Current Events, Featured, History, Pete's Blog | Tags: , , , , , , , , , , , , , , , , , , , ,

Which would you choose? The money system that confers hundreds of billions of dollars a year to the benefit of the U.S. taxpayer and leaves us with no national debt, or the one that confers $31 Billion a year, maybe, and created our $12 Trillion national debt?

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“Wealth doesn’t come from a bank…” Monetary Reformer Will Abram

by Peter on October 7th, 2009

Filed under: History, Videos | Tags: , , , , , ,

“Wealth does not come form a bank; it does not come from any money manipulation; it comes from us.” In this 6 minute video, Will briefly talks about growing up during the depression in Alberta Canada, before describing Canada’s experience of debt-free money issue from 1935-1974 and its barely perceptible effect on the national debt. [...]

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Joe’s Montpelier Talk, 4.8.09 Part 8: Milton Friedman

by Peter on August 21st, 2009

Filed under: History, Videos | Tags: , , ,

In Part 8 (of 9), Joe highlights Milton Friedman’s opposition of money creation by private banks by highlighting the following quote: “A reform of the monetary and banking system to eliminate both the private creation and destruction of money and discretionary control of the quantity of money by the central bank authority. The private creation [...]

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Joe’s Montpelier Talk, 4.8.09 Part 7: Robert Hemphill Quote

by Peter on August 21st, 2009

Filed under: History, Videos | Tags: , , , , ,

Under the “100 percent-reserve” lending system proposal, again banks would lend money after it was created and deposited into the banks by their depositors.

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