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Mike Hewitt

Mike Hewitt

Contributor since: 26 Feb 2010

Biography

Mike Hewitt is the editor of www.DollarDaze.org, a website pertaining to commentary on the instability of the global fiat monetary system and investment strategies on mining companies.

  • Quantitative Easing is Nothing New

    Published 30 January 2011 | viewed 0 times

    The term 'quantitative easing' is just the newest term to describe the on-going central bank policy of increasing money supply.     Greetings. There has…

  • Can Paper Bring Prosperity?

    Published 10 December 2010 | viewed 0 times

    A short description of money and historical examples where forms of which were not a good store of value ended in economic disaster. JULIA: Welcome…

  • Confiscation Through Inflation

    Published 08 December 2010 | viewed 0 times

    A monologue on currency devaluation through the process of inflation. Greetings, I would like to talk about a subject of which I believe to be…

  • How The Banking Industry Works

    Published 07 December 2010 | viewed 0 times

    Julia Sanders interviews Thomas Lloyd, an investment banker of ABC Wealth Management, resulting in a satiric exposition of the banking industry. JULIA: Welcome to tonight's…

  • Quantitative Easing - Office Discussion

    Published 07 December 2010 | viewed 0 times

    Two office co-workers discuss the reasoning of newest round of quantitative easing by the U.S. Federal Reserve. STEVE: So, it seems as though they have…

  • What Has Government Done to the Dollar?

    Published 18 November 2009 | viewed 3,419 times

    "No legal tender law is ever needed to make men take good money; its only use is to make them take bad money." (Stephen T.…

  • Central Banks Increasing Gold Reserves

    Published 18 November 2009 | viewed 2,346 times

    Since 1991, central banks around the world have collectively reduced their gold holdings by some ten percent. However, it now appears that attitudes are changing.…

  • What's Wrong With Declining Prices?

    Published 16 November 2009 | viewed 2,653 times

    Perhaps the most persistent modern monetary fallacy is the belief that economic growth must be accompanied by a corresponding growth in the money supply. This…

  • Expansion of Global Currencies

    Published 13 November 2009 | viewed 2,299 times

    The expansion of global currencies has exceeded nine percent over the last year. This essay investigates which currencies are contributing the most to this development.…

  • Tungsten as a Gold Substitute

    Published 11 November 2009 | viewed 5,739 times

    In early 2008 it was reported that at least some of the gold bars in the vaults at the National Bank of Ethiopia were fake.…

  • Gold and Cadillacs

    Published 09 November 2009 | viewed 2,675 times

    While gold is not commonly considered as a medium of exchange like paper currency, it still acts as an excellent store of value. On August…

  • India Buys Half of IMF's Gold for Sale!

    Published 03 November 2009 | viewed 3,820 times

    On November 3, 2009, the Reserve Bank of India (RBI) announced the purchase of 200 tonnes of gold from the International Monetary Fund (IMF) for…

  • Yuan to Swap?

    Published 30 October 2009 | viewed 2,341 times

    On March 23, 2009, China made public announcements to overhaul the global monetary system, thereby questioning the role of the US dollar as the reserve…

  • Analysis of 100 Currencies

    Published 26 October 2009 | viewed 2,957 times

    As of September 2009, the total amount of physical paper bills and coins throughout the world is approaching US$4.5 trillion. The following figure indicates the…

  • How Much Money is There?

    Published 25 June 2009 | viewed 4,918 times

    There are several different monetary aggregates used to measure a nation's money supply. These monetary aggregates can be thought of as forming a continuum from…

  • Money Supply and Purchasing Power

    Published 27 February 2009 | viewed 4,840 times

    Published originally on DollarDaze.org - Feb 23, 2009. 1. Introduction In this paper, we analyze the value of money. We consider both paper money and…

  • Monetary Policy and the U.S. Dollar

    Published 13 February 2009 | viewed 3,511 times

    Published originally on DollarDaze.org - Feb 10, 2009. One of the chief mandates of the U.S. Federal Reserve is to manage the nation's monetary stock.…

  • The History of Money: Peru

    Published 03 February 2009 | viewed 5,064 times

    Published originally on DollarDaze.org - Feb 2, 2009. This article is part of a series titled The History of Money being produced by DollarDaze.org. Peru…

  • Seigniorage ("The Inflation Tax")

    Published 29 January 2009 | viewed 3,683 times

    Before becoming Governor of the Federal Reserve, Ben Bernanke co-authored several text books familiar to college students studying economics. In one of these text books,…

  • Worthless Trillion Dollar Paper

    Published 16 January 2009 | viewed 4,720 times

    Recently Zimbabwe announced that it will issue a new set of notes which will include a 10 trillion, 20 trillion, 50 trillion and 100 trillion…