Why not gold?

I’ve received many comments on returning to gold as the national medium of exchange.  Here’s my short answer on why I think it’s an insufficient solution:
A dollar lent at 10 percent interest compounded annually becomes 10 dollars in under 25 years.  That means that if the money supply were 100 percent gold, and if bankers lent [...]

The banking shell game: “spreading risk” turns to contagion

Here is an excellent article explaining how the derivatives scheme, which “spread the risk” in a way that was supposed to protect investors, has actually spread credit risk like a contagion, infecting everything it touches. 
“Financial Shell Games” by Satyajit Das, New Delhi, September 16, 2007
http://www.business-standard.com/common/storypage_c.php?leftnm=10&autono=298108

Smoke and mirrors: concealing economic collapse with the shock of war?

“Soup Kitchen USA” by Mike Whitney, September 11, 2007http://www.informationclearinghouse.info/article18360.htm 
“It’s all smoke and mirrors. The financial system has decoupled from the productive elements of the economy and is now beginning to show disturbing signs of instability. That’s why the big blow-off in the bond market. The halcyon days of supplying our armies, funding our markets and [...]

What’s the Wizard of Oz got to do with money reform?

I just found a 12-page blog entry by “thx1138″ that summarizes my book and what it all means so well that I’m copying the first 2 pages here.  (That may be copyright infringement, but here’s my defense: most of it came from my book!)  Thanks for your insights on my insights, thx1138!  I’ve read everything I could find on the subject and digested it and [...]