The Day the Dollar Lost Its Gold: The Nixon Shock

President Richard Nixon announcing the end of Dollar convertibility On August 15th, 1971, U.S. President Richard Nixon ended the dollar’s convertibility to gold, bringing an abrupt end to the last vestige of the international gold standard. Why? And what led up to...
Fed Report Reignites Talk of Gold Price Reset

Fed Report Reignites Talk of Gold Price Reset

Remember the gold price reset talk from earlier this year? It’s back. In February, U.S. Treasury Secretary Scott Bessent said, “We’re going to monetize the asset side of the U.S. balance sheet,” which triggered a wave of speculation about what valuing gold at the...
Things I’m Loving Friday #561

Things I’m Loving Friday #561

A Things I’m Loving Friday post!? Whaaat???! Guys, I have missed typing up a list of the simple things making me smile at the end of the week these past few weeks when travel had life feeling so up in the air. Today I’m back and it feels good! We’ve had a good week...
WASHMEOVER

WASHMEOVER

Photos/ Monica Baddar Model/ Sydney Gray Makeup/ Mari Shten Hair/TiffanyMinyon   The post WASHMEOVER appeared first on LADYGUNN.
From Barter to Fiat: Unanswered Questions for Chartalism

From Barter to Fiat: Unanswered Questions for Chartalism

Opponents of sound money rely on harebrained explanations of the origin of money. Perhaps chief among them is the Chartalist school of thought, which struggles even to adequately explain what the “first day of money” would look like in its framework. The following...