Mike Hewitt

Contributor since: 26 Feb 2010

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• Growth of Global Money Supply

  Published 12 January 2009 | viewed 7,922 times

  This essay analyzes the growth of the money supply for 73 selected currencies from 90 countries. Nineteen of these countries belong to two monetary unions…

• The Fate of Paper Money

  Published 07 January 2009 | viewed 5,295 times

  "Paper money eventually returns to its intrinsic value - zero." (Voltaire, 1694-1778) Paper Money in Asia The first well-documented widespread use of paper money was…

• The Wealth of Nations

  Published 05 December 2008 | viewed 4,811 times

  The intent of this article is to compare the net wealth of selected nations. The net wealth figures (actually labeled as 'Net Debt') for the…

• Ben's Helicopters are Here!

  Published 30 November 2008 | viewed 4,500 times

  The US Federal Reserve appears to be increasing the US monetary base at an unprecedented rate in response to the deflationary asset crunch resulting from…

• Two Methods for Estimating the Price of Gold

  Published 09 October 2008 | viewed 4,519 times

  Published on http://DollarDaze.org - Oct 9, 2008. There are several different approaches to calculating a theoretical price for gold. The purpose of this essay is…

• China's First Experience with Paper Money

  Published 21 July 2008 | viewed 3,535 times

  Paper, one of the four Great Inventions by the Ancient Chinese along with printing, the compass and gun powder, was invented by Cai Lun in…

• Global Money Supply (2008 Update)

  Published 14 July 2008 | viewed 5,145 times

  This essay makes comparisons between the money supply of 25 selected economic areas and discusses the ratios between the values of official gold reserves to…

• Fate of Paper Money

  Published 29 June 2008 | viewed 5,364 times

  "Paper money eventually returns to its intrinsic value - zero." (Voltaire, 1694-1778) The first well-known widespread use of paper money was in China during the…

• Sinking Currencies

  Published 27 June 2008 | viewed 3,543 times

  Fiat money is not directly convertible into a physical commodity at a specified amount. It is a type of credit money through which a central…

• America's Forgotten War Against the Central Banks

  Published 19 October 2007 | viewed 11,195 times

  "Let me issue and control a nation's money supply, and I care not who makes its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)…

• Global Money Supply

  Published 31 July 2007 | viewed 5,437 times

  This essay makes comparisons between the money supply of 26 selected economic areas and discusses the ratios between the value of official gold reserves to…

• Composition of the U.S. Money Supply

  Published 25 July 2007 | viewed 4,480 times

  How much U.S. money is in circulation? Printed currency and coins amount to less than US$800 billion. This represents only a small portion of the…

• Who Do We Owe and How Much?

  Published 19 July 2007 | viewed 5,609 times

  This essay takes an in-depth look at the magnitude and consequences of the large debt levels within the United States. Topics discussed include: composition of…

• What's Happening With Nickel?

  Published 08 July 2007 | viewed 4,951 times

  Commodity bull markets can often experience a speculative peak followed by a dramatic collapse in price. These sharp peaks are sometimes associated with an attempt…

• Propaganda with a Capital 'P'

  Published 02 July 2007 | viewed 4,681 times

  The European Central Bank (ECB) has a "educational" video on Price Stability. The video is intended to be a teachers' aid. It, and associated teacher…

• Sovereign Wealth Funds

  Published 30 June 2007 | viewed 4,941 times

  Central banks have traditionally kept their reserves in relatively low-yielding, highly liquid government securities, agency debt, money-market instruments and bank deposits. The most current official…

• Oil Prices - Politics and Inflation

  Published 26 June 2007 | viewed 4,625 times

  Oil is the commodity that the majority of people are most aware of. A 10% increase in the price of crude oil makes the headline…

• Should Self-Sufficient Countries Trade?

  Published 17 June 2007 | viewed 4,274 times

  Countries that are self-sufficient have enough resources to meet the demands of their citizens. Such countries do not need to trade, but there is advantage…

• Confiscation Through Inflation

  Published 31 May 2007 | viewed 6,201 times

  "By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." (John Maynard Keynes, chief…

• The Changing Face of US Money

  Published 30 May 2007 | viewed 6,160 times

  The US dollar changed from a currency backed up by a tangible asset to a fiat currency. That being a paper note backed up by…