Economics

Written during the US War of Aggression and Occupation of the Southern States, the author predicted the harm of paper money, not backed by substance. His predictions have come true in the 1890s, 1900s, 1930s, and as late as 2008 when the paper money banksters almost crashed the financial system. Why O Why do the Illiterates of Congress allow this cycle to continue, and each time it bails out the same criminals that caused the bubble to almost burst. In the past 10 years the bubble has inflated 100 times its normal rate.... will we all have to suffer because of illiterate, greedy, politicians since the banksters want it all?

Written a hundred years ago, this author's prophetic utterings keep coming true, as the banksters rape and pillage government treasuries around the world, and steal away people's properties in perpetuation of their sins and crimes.

Men progress in proportion as they are able to fit themselves for life, and to fit life to themselves. Both processes go on unceasingly. Recent economic changes have brought the remotest parts of the world into close contact with "civilization" at the same time that they have increased the dependence of one part of the world upon another part.

It is impossible for the layman to evaluate the merits of this traditional case against the gold standard. But most economists who are familiar with macroeconomic developments have tended in recent years to minimize the effect of the bullion basis of money in the secular price decline, as compared with certain long-range changes that came with industrialism and improvements in transportation.

A short, but good refresher on the theory of economics. Economics influences nearly everything we do in the modern world.

The economic and social order of the modern world exhibits a strange enigma, which only a prosperous thoughtlessness can regard with indifference or, indeed, without a shudder. We have made such splendid advances in art and science that the unlimited forces of nature have been brought into subjection, and only await our command to perform for us all our disagreeable and onerous tasks, and to wring from the soil and prepare for use whatever man, the master of the world, may need.

The remotest possibility of the success of such an unjust, un-American, illiberal and dangerous form of tyranny in government, should alarm the American people beyond and above every other question, even that of war; and should set them to the task of a close analysis of the subject and trend of Prohibition.