Tag Archives: inflation

Alternative Currency: Now a Crime?

A montage of Liberty Dollars of different denominations. The Liberty Dollar may have been the most successful of all U.S. alternative currencies to date. Despite repeated Treasury assurances that their efforts were perfectly legal, the creators of this truly honest metal-backed money found themselves under arrest.
A montage of Liberty Dollars, which may have been the most successful of all U.S. alternative currencies to date. Despite repeated Treasury assurances that their efforts were perfectly legal, the creators of this truly honest metal-backed money found themselves under arrest.

by Kevin Alfred Strom

I’VE MENTIONED ALTERNATIVE currencies — usually private efforts to help the local or national economy without resorting to debt, usurious interest, the banks, or the Fed — in a supportive way on this site before.

Recently I learned that the creators of some of the most interesting and successful alternative currencies — the Hawaiian Dala, the California Bear, the Chambersburg Dollar, the Evansville Dollar, the Liberty Dollar, the Peace Dollar, and the Ron Paul Dollar, among others — have been arrested by the FBI (for totally bogus charges under statutes intended to stop counterfeiting). They are Kevin Innes, Bernard von NotHaus, Sarah Bledsoe, and Rachelle Moseley.

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Bankrupting the Country

Dollars Falling from the Sky

BANKRUPTING THE COUNTRY?: Many economists these days are expressing fears that the “stimulus” program and spending sprees of the regime in Washington could lead to severe inflation, “bankrupting the country.” They make a good case, but it’s a little confusing when they refer to bankrupting the country when really they’re referring to bankrupting the government. Bankrupting (and eventually totally discrediting) the government is certainly very bad for the government — but it might end up being very good indeed for the nation that throws off such government.

What is Wealth?

inaugural noteWhat is money, really? What is wealth? And what do ‘economic stimulus’ and war and foreign aid do to our wealth?

by Kevin Alfred Strom

based on the American Dissident Voices broadcast of July 10, 2004

IN 1957, Julian Huxley wrote about the dangers the world might face in 2007. He told of a world wracked by environmental destruction, falling standards of living, the despair and desperation of the hopeless, and a decline in the creative spirit that makes all culture and science possible.

He glimpsed the future in racially-mixed India, where he saw the streets teeming with the homeless in such numbers that one had to pick one’s way carefully along the sidewalks at night to step over the sleeping bodies, wrapped in a few filthy rags and nothing else — hundreds of thousands living their lives, voiding their wastes, and making their hopeless, pathetic yet fecund love right in the open on the pockmarked pavement, and sharing that “home” with dirty, starving, roaming cattle.

One evening he saw a policeman directing traffic at a busy intersection as twilight fell. As the darkness deepened, he saw a man and a cow approach the policeman from opposite directions, curl up at his feet and begin to compose themselves for the night, right there, almost touching him — with the officer taking no notice whatever and continuing with his duties. It was what was ‘normal.’ It was what was expected. It is where we’re headed unless something is done.

Continue reading What is Wealth?