Currency Archives - Granite Grok

Does the United States Government Need a Gold Reserve?

March 13, 2025 Ryan McMaken

Rand Paul, Elon Musk, and several others, have recently called for an audit of the US government’s gold holdings. This has reminded many Americans that the US government owns a hoard of gold—of 261 million ounces—at Fort Knox and other places. On the other hand, the debate will be news for some who have never … Read more

Controlling Food with a Global Electronic Currency

March 13, 2025 John Klar

The federal deficit now exceeds $36 trillion, aggravated by the Inflation Reduction Act (which Joe Biden has boasted was really about boosting renewable energy production, not reducing inflation) and his Build Back Better spending spree. President Donald Trump is trying to undo some of the economic damage wrought by the previous administration, but high deficits … Read more

Woodrow Wilson’s Christmas Grift of 1913

December 25, 2023 Op-Ed

We think of thieves as conducting their work when no one is looking, such as breaking into a house while the owners are away. But the most successful thieves have done their stealing in plain sight, on a grand scale, while the owners were home and often with their tacit approval, though with sleights of hand that few are able to detect.

More BRICS in the Wall

August 28, 2023 Op-Ed

The leaders of China, Russia, India and Brazil met to discuss common interests with dozens of dignitaries in South Africa. The meeting was a three-day summit seeking to cobble together currently unaligned powers who would counter Western influence worldwide.

DISQUS Doodlings – No, bartering never left the economic scene

May 2, 2020May 2, 2020 Skip

Will the pandemic bring back bartering? The short and to the point answer is: it never went away. Our economic systems started with it and it has continued to this day: two people eyeing what the other person has, figuring out the relative values of each thing, and then trying to do a swap of “equal” value.

Winning: China’s Economy is Teetering – Want to Talk About a Trade Deal

August 26, 2019 Steve MacDonald

As noted last night, America is not alone in our trade war with China. Everyone that trades with the Chinese could do better. And as of this morning, China is ready to talk to Donald Trump. Their currency and markets are collapsing.

On Two Recent Court Decisions That Deal with ‘In God We Trust’ On U.S. Currency

September 26, 2018June 3, 2018 Steve MacDonald

Two cases came down last week in separate circuit courts on the subject of the motto ‘In God We Trust’ as presented in various forms of US currency.

On May 28th, the 6th Circuit ruled that “In God We Trust” on US currency was not a burden to plaintiffs under the Religious Freedom Restoration Act of 1993 and dismissed their case. If you like to get into the weeds the decision makes for interesting reading.

The court’s examination could also be useful to Gov. Sununu as he prepares to sign trans legislation that could place an unreasonable burden on free speech, association, and possibly burden business owners in a way that could force the state into a lengthy legal challenge that is entirely unnecessary.

Greece To Leave EuroZone June 18

September 26, 2018May 29, 2012 Steve MacDonald

That’s the headline. And some folks sound happy to see the freeloaders gone. “The basic question is that a German has to increase working from 65 to 67 and that is to pay for Greeks retiring at 50. The 17th of June is the perfect opportunity to say either ‘we’ll behave’ or ‘we’ll carry on … Read more