Tuesday, 1 December 2015
Hugo Salinas Price
At the present time, the system at work since the end of World War II is operating in reverse. Reserves are falling, the majority of which are held in Dollars. Government Bonds held as Reserves are being sold off. An important contraction in world commerce is taking place
Thursday, 12 November 2015
Hugo Salinas Price
The creators and promoters of the Bitcoin are perhaps acting in good faith, but they are individuals enthralled with technology. The Bitcoin may indeed be a technological marvel, but the creators and promoters of the Bitcoin do not understand money
Monday, 9 November 2015
Hugo Salinas Price
The Bitcoin is supposed to be a great triumph of technology, which protects the rights of the individual to his property and privacy. But, does this make the Bitcoin a new type of money? The answer is "No".
Monday, 19 October 2015
Hugo Salinas Price
"Mainstream Economics" functions on the basis of an inappropriate method. The inductive method cannot apply in the realm of human affairs, where each situation, individual or collective, is unique and not repeatable; no matter how well-intentioned "mainstream economists" may be, their methodology - induction - must fail to solve the problems they face
Tuesday, 18 August 2015
Hugo Salinas Price
The dollar, like all fiat currencies through the ages, is on its way to meeting its doom: the moment when no one will want to spend even a flyspeck of gold on purchasing a dollar