What Is Money? Money is all about trust. It’s a contract, an agreement that the money you hold today will be worth something tomorrow. This idea isn’t new—back in the days of the gold standard, people trusted in the weight and purity of gold or silver coins. Today, in the world of fiat currency, the […]
The Difference Between Legal Tender and Real Money Read More »
The First American Dollar: A Strong Start with Silver and Gold The story of the American dollar started right after the Revolutionary War. After defeating the British, the Founding Fathers had to create a working system for the new nation. One of the biggest decisions? How to handle money. The U.S. had tried paper money
The Dollar’s Long Journey: From Gold to Paper Read More »
Why the American Dream Feels Out of Reach It feels like most of us are stuck in the same spot: living paycheck to paycheck. This isn’t just a recent problem—it’s been going on for decades. Think about it: when I was growing up, my father worked a blue-collar job, and my mother didn’t need to
The Debt Trap: How We Got Here and What to Do About It Read More »
What Is a Global Reserve Currency and Why Does It Matter? You’ve likely heard the term “global reserve currency,” but do you know what it really means? Let’s break it down: a global reserve currency is used for transactions between countries with different currencies. For example, if a Swiss company buys Peruvian silver, they likely
The Rise and Fall of the U.S. Dollar as the Global Reserve Currency Read More »
The Birth of Central Banking: Hamilton’s First Bank Experiment In 1791, the newly formed U.S. set up the First Bank, the largest corporation of its time, thanks to Alexander Hamilton’s vision. But farmers, wary of central power, resisted this idea, and the First Bank’s charter expired without renewal. The story didn’t end there. In 1816,
How the Fed Shaped the Dollar: From Power to Decline Read More »
