If You've Got Gold, You've Got Money!
Keynes Was a Vicious Bastard Plus Gold / Silver Report by Keith Weiner for Monetary-Metals My goal is to make you mad. Not at me (though I expect to ruffle a few feathers with this one). At the evil being...
The Duality of Money, Gold / Silver Report by Keith Weiner for Monetary-Metals Last week, in Is Capital Creation Beating Capital Consumption, we asked an important question which is not asked nearly often enough. Perhaps that’s because few even acknowledge...
Is Capital Creation Beating Capital Consumption? Gold / Silver Report by Keith Weiner for Monetary Metals We have written numerous articles about capital consumption. Our monetary system has a falling interest rate, which causes both capital churn and conversion of...
Is Lending the Root of All Evil? Gold / Silver Report by Keith Weiner for Monetary-Metals Ayn Rand famously defended money. In Atlas Shrugged, Francisco D’Anconia says: “So you think that money is the root of all evil? . ....
Central Planning Is More than Just Friction Gold / Silver Report by Keith Weiner for Monetary-Metals It is easy to think of government interference into the economy like a kind of friction. If producers and traders were fully free, then...
What They Don’t Want You to Know about Prices – Gold / Silver Report by Keith Weiner for Monetary-Metals Last week, in part I of this essay, we discussed why a central planner cannot know the right interest rate. Central...
Modern Monetary Theory: A Cargo Cult – Gold / Silver Report by Keith Weiner – Monetary-Metals Newly elected Representative Alexandria Ocasio-Cortez recently said that Modern Monetary Theory (MMT) absolutely needed to be “a larger part of our conversation.” Her comment...
The Dollar Works Just Fine, Gold / Silver Report by Keith Weiner – Monetary-Metals Last week, we joked that we don’t challenge beliefs. Here’s one that we want to challenge today: the dollar doesn’t work as a currency, because it’s...
Rising Interest and Prices & Gold / Silver Report by Keith Weiner – Monetary-Metals For years, people blamed the global financial crisis on greed. Doesn’t this make you want to scream out, “what, were people not greedy in 2007 or...
Surest Way to Overthrow Capitalism – Gold / Silver Report by Keith Weiner – Monetary-Metals One of the most important problems in economics is: How do we know if an enterprise is creating or destroying wealth? The line between the...
Rising Rates Falling Assets, Gold / Silver Report by Keith Weiner – Monetary-Metals Last week, we wrote about the concept of discounting. This is how to assess the value of any asset that generates cash flow. You calculate a present...
Are Stocks Overvalued Plus Gold / Silver Report by Keith Weiner – Monetary-Metals We could also have entitled this essay How to Measure Your Own Capital Destruction. But this headline would not have set expectations correctly. As always, when looking...
Why Do Investors Tolerate It – Gold / Silver Report by Keith Weiner – Monetary-Metals For the first time since we began publishing this Report, it is a day late. We apologize. Keith has just returned Saturday from two months...
The Prodigal Parent – Gold / Silver Report by Keith Weiner – Monetary-Metals The Baby Boom generation may be the first generation to leave less to their children than they inherited. Or to leave nothing at all. We hear lots—often...
