moneymoneymoney…MONEY!

Some people...got t' have it I'll start off blunt: I've always thought (well, since I started thinking) the idea of a "gold standard" -- or any commodity-based backing for currency -- is wrongheaded; not primitive, per se, but certainly not advanced beyond the industrialization of the 19th century. It's for concrete-bound, barely conceptual (in a financial sense) people who lack imagination, and, really, a fundamental notion of human potential and that most human of attributes: risk taking. Gold-backed money is for people who want essentially no risk tied to their currency. OK, and if the State didn't force a monopoly on it, they could invent a currency backed by whatever, and see if it takes off. But given the reality of the matter, the problem is the State's monopoly, not the structure or fundamental methodology of the currency itself. And, you have options. You can go buy gold (or whatever). You can do it in the form of stocks, funds, ETFs, or just call up a dealer and buy physical precious metals (the safest way). My grandfather was this sort of man. In addition to the stockpiles of rice, beans, and other hermetically sealed staple foods, he owned lots of...


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Richard Nikoley

I started writing Free The Animal in late 2003 as just a little thing to try. 20 years later, turns out I've written over 5,000 posts. I blog what I wish...from diet, health, lifestyle...to philosophy, politics, social antagonism, adventure travel, expat living, location and time independent—while you sleep— income by geoarbitrage, and food pics. I intended to travel the world "homeless," but the Covidiocy Panicdemic squashed that. I became an American expat living in Thailand. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. ... I leave the toilet seat up. Read More

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