In the Republican Party, that's a big problem.
The gold bug is going around.
In 1933, Franklin D. Roosevelt was elected president of the United States by promising to end the Great Depression, which
The first reaction from the hard money camp would be to state we are insane or that we longer value hard money.
The Texan senator's gold standard policy is a terrible idea with a long history.
An insurrectionist presidential candidate stuns his party's establishment by pocketing the party's nomination. His views do not line up with mainstream figures in his party.
As Kenny Bania might say: It's gold, Jerry.
Senator Ted Cruz Really Wants to Return to the Gold Standard... Has He Heard of the Great Depression?
Radical conservatives, such as Cruz, and libertarians believe gold to be a hedge against inflation. It is curious to be concerned about inflation at a time when it is at historic lows and short-term interests rates are at zero, making borrowing money just about free.
François Meyronnis's manifesto on the true global crisis, entitled Proclamation sur la vraie crise mondiale, is certainly the best text available for those who seek to understand the mechanisms and inner workings of "globally integrated capitalism."
Not only are there alternative currencies born every day, but Anthem Blanchard is resurrecting one from the past. Gold -- we wear it, we admire it, but what's all this hype about owning it?