Category Finance

Top 10 Reasons For Fiat Currencies

Yuan Dynasty Banknotes (circa 14th century) Let’s end the year with some humor from The Daily Capitalist and its recent post titled “Top Ten Reasons Why Fiat Currency Is Superior To Gold (Or Silver) Money.” The Top 10 Reasons are…

A Money Chart For Finance Geeks

Samuel L. Clemens stamp, 1940 November 30th is Mark Twain‘s birthday, which makes me think of some of his witty quotes such as this one:  “It could probably be shown by facts and figures that there is no distinctly native…

M-Cubed: Mounting Muni Meltdown

Governing.com: Municipal Bankruptcies Governing provides a dynamic map concerning municipal bankruptcies.  It and ZeroHedge offer plenty of commentary, so we won’t regurgitate. For perspective, however, keep in mind the size of the municipal market is $3.7 trillion.  Also, Warren Buffet…