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Home > Archives for Philip Barton > Page 3

Stefan Gleason: Sound Money Coming to Wyoming?

February 25, 2023 by Philip Barton

Saturday

Stefan is from the Sound Money Defense League. They are making a difference in the U.S.

Filed Under: Uncategorized

The Fed’s Demand Destruction: What it Means for You and Me

February 17, 2023 by Philip Barton

February 13, 2023/0 Comments/by Monetary Metals
Fed Demand Destruction

If you listen to financial pundits talking about the Federal Reserve and the current state of the markets you might hear this term mentioned:

“Demand destruction.”

What is it? And what does it mean for you and me?

We’ll first discuss the mainstream understanding of the concept and then unpack why it’s more nefarious than you think.

The Mainstream (Wrong) Understanding of Demand Destruction

The mainstream idea goes something like this: The Federal Reserve stimulated economic activity when the markets were frozen from Covid, but now the economy is overstimulated. It’s too hot, like an overheating car engine.

People are spending too much money, and the prices of things are going up–inflation. The economy needs to cool down, and not overheat.

The Fed stimulates by lowering interest rates. Logically, the playbook for un-stimulating, and cooling things down, is to hike interest rates. Hiking interest rates tightens up credit, reduces demand, and therefore should brings prices down.

Seems plausible enough. But let’s dive deeper.

This is a must read in its entirety HERE

Filed Under: Uncategorized

Missouri Bill Would Take Steps Toward Treating Gold and Silver as Money

January 5, 2023 by Philip Barton

Friday

See the link below for the article. This may appear to be slightly irrelevant at the moment, because no one would use gold or silver for purchases when they can still use their government paper money for transactions. However, it does join the movement laying a foundation for when the monetary metals do return.

Monetary Metals in the U.S. is leading the way in actually causing gold and silver circulate again.

https://schiffgold.com/key-gold-news/missouri-bill-would-take-steps-toward-treating-gold-and-silver-as-money/

 

 

Filed Under: Uncategorized

Reflections Over 2022

December 30, 2022 by Philip Barton

Saturday

Want to understand the blood, sweat and tears of a real entrepreneur? Check out the following article from Keith Weiner, C.E.O. of Monetary Metals. It was published at Keith Weiner Economics

The life of an entrepreneur is not what most people would call “normal”. I don’t refer to the guy who buys a fast-food franchise. Nor to the gal who builds a chain of hair salons. Nor to the folks who have law or accounting firms. These are all entrepreneurship. I don’t know a lot about how these businesses work, but I do know one thing. They should reach cash-flow positive very quickly, and if not, then something is wrong. And most of them reach their capacity fairly quickly too. They do not have the open-ended upside of a global corporation. Nor the ever-looming possibility of utter failure.

I refer to the entrepreneur who starts something Big (something like 3D voice or a gold monetary system). And the challenge is that Big things necessarily have to get… well… big. They don’t work at the scale of one person in a home office, or a few people in a storefront. They require inputs of lots of capital, talented specialists who are willing to buy-in to the mission before it’s realized, and early customers willing to take a chance on not just an unknown company, but an unproven concept.

This kind of entrepreneur is only certain of chronic uncertainty, he must be comfortable with chronic discomfort. He rides a roller coaster that soars to manic, euphoric highs one day, and crushing, despairing lows the next. He usually doesn’t know where his next problem will come flying out of, who his next customer will be, who will want to come work for his company, or where he will find his next round of funding.

Lots of things could come out of Left Field to derail your vision: a manager could go bad, a key employee could quit, a vendor could decide it doesn’t want your business any more, a regulator could decide the public would be safer if he distracted you for a few months and bled you of a hundred thousand dollars. Did I mention there was always uncertainty?

In the early days, in this kind of entrepreneurial venture, the whole world agrees on one thing. You’re wrong. Your whole concept does not make sense. Actually, two things. You are not just wrong but a damnfool. You better be OK with that, because you are going to have to work very hard. Not just hard, tirelessly, relentlessly, doggedly to prove yourself right. You, a damnfool working on an idea that the whole world agrees does not make sense.

Read it all HERE

Filed Under: Uncategorized

Gold is Back in Circulation

November 30, 2022 by Philip Barton

Thursday

This company has brought gold back into circulation. Those looking for governments to re-introduce the gold standard (i.e., circulating gold) need to understand that the process will be a bottom-up affair, not a top-down one. Governments will never voluntarily give away the power and control attendant to printed currencies.

Monetary Metals - A Yield on Gold, Paid in Gold®

Filed Under: Uncategorized

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