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Coinflation Articles - A good one..

tneigtneig Posts: 1,505 ✭✭✭
I used coinflation a lot 6 months ago when I started collecting and investing in PMs and coins. I still go there everyday for their articles and to refresh about the melt values.

They have a really good, long, but really good article about the history of the US dollar, and its interactions with the world currency. I recommend it, even if you don't finish it all.

Article: Apr 30 - U.S. Debt Culture and the Dollar's Fate National Interest
COA

Comments

  • nibannynibanny Posts: 2,761
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Thanks for the link...and heads up.... Cheers, RickO
  • johnny9434johnny9434 Posts: 28,304 ✭✭✭✭✭
    interesting image thanks for sharing
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    This is total revisionism! This writer took history and turned it around to his own twisted point of view. If you pick any paragraph, I can point out some major historical and economic error. Go ahead. Pick one!

    In fact, the writer even says as much: The purpose of narrative, after all, is to simplify the complex and, over time, to remake the past in today’s terms.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    I read a good portion of it last night and thought it was pretty good. Whether someone thinks it is revisionism depends on the facts, and I didn't notice an abundance of facts but I didn't see it as a political statement either. It read like a general overview of economic history at first read but I'll have to finish it tonight to see if I can figure out what got EagleEye so riled.

    I'd be interested in Rick's interpretations as a basis for analysis and further discussion.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    I didn't say it was a politically pointed write-up, although it might be. It distorts historical fact in many instances, nearly every paragraph has errors or omissions of error. I'll be happy to go into it when I have time.

    If you get your information from unreliable sources, how can you expect to make reliable decisions.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • cohodkcohodk Posts: 19,100 ✭✭✭✭✭
    didn't notice an abundance of facts

    Why should it be different from any other blog or newsletter?
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Bayard1908Bayard1908 Posts: 4,046 ✭✭✭✭


    << <i>I didn't say it was a politically pointed write-up, although it might be. It distorts historical fact in many instances, nearly every paragraph has errors or omissions of error. I'll be happy to go into it when I have time.

    If you get your information from unreliable sources, how can you expect to make reliable decisions. >>



    The author, Chris Whalen, is a highly respected bank analyst.
  • LukeMarshallLukeMarshall Posts: 1,982 ✭✭✭✭✭
    Good Read...

    If I am to understand, according to this the only thing holding our economy up at present is the fact that we are in two wars, oh yea and the whole printing press.

    Didn't the president just come out about ending one soon...image

    It's all about what the people want...

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