Entries by Michelle Agner

The Problem with Record-Low Interest Rates

Are you familiar with the GoldNewsletter podcast? They boast over 200 episodes on the topics of investment, economics, and geopolitics. This week, hosts Fergus Hodgson & Brien Lundin interviewed Monetary Metals’ CEO Keith Weiner on the topic of falling interest rates and how cheap borrowing comes at the expense of capital productivity.   Did you enjoy this […]

Episode 8: Why The Dollar Isn’t Money – PART 2

In a prior episode, we introduced the distinction between money and fiat currency, discussing what gives the dollar – or any fiat currency – its value. Now, we continue that conversation discussing additional characteristics of money, and illustrate how a false definition of money can lead to a corrupt state that wields blank checks. In […]

Episode 7: Gold Bonds Are Back, Baby!

Once upon a time, gold bonds were the norm. They effectively financed productive enterprise & generated income for bondholders – until 1933. It took 87 years, but now the gold bond market is reemerging. In this episode John Flaherty & Keith Weiner discuss: . How a gold bond differs from a gold lease Why borrowing […]

Monetary Metals Issues World’s First Gold Bond Since 1933

Scottsdale, Ariz, January 6, 2021—Monetary Metals® is pleased to announce the issuance of a bond paying principal and interest in gold. The term is one year, and the interest rate on invested gold is 13%.  According to company CEO Keith Weiner, Ph.D., it is the first proper gold bond in 87 years. The proceeds fund a […]

Episode 6: Why The Dollar Isn’t Money

Despite what Google Images serves up, money and currency are not the same thing. This view differs from that of mainstream economists, and this episode illustrates how those mainstream misconceptions might materialize to everyday folks. So what is it today that gives the dollar – or any fiat currency – its value? And how do […]

Episode 5: Why GDP Is A Terrible Measure of Economic Health

The problem with GDP is that government consumption of private capital is positive. And with the government gradually taking over all aspects of the economy, even a small cut in spending can send workers to the unemployment line and shutter businesses. In this episode, John Flaherty and Keith Weiner discuss why GDP is such a […]

Episode 4: The Dismal Science of Economics

Economics has been called the dismal science. It doesn’t seem to have the same respect as other fields of “real” scientific study. Why is that? John Flaherty & Keith Weiner discuss a number of reasons. In addition, you’ll learn the all-important variable in modern economics, why the net present value calculation obscured the visibility of […]

Episode 3: The Economic Impact of COVID: Stateless vs Stateful

“Seems like things are getting back to normal.” Not exactly. Folks with that view are not looking very closely.  In this episode, Keith takes us on a journey through the forest…and the so-called economic recovery that’s currently in play. Using more than one analogy, he illustrates just how unrealistic the “nearly back to normal” expectation […]

Episode 2: One Radical Idea

After successfully selling his software company in August 2008, Keith Weiner pivoted to the study of economics in an effort to protect his assets. At first, his studies brought enlightenment about our monetary system. Then came the radical idea. In the first half of this episode, Keith and Dickson Buchanan discuss the two main problems […]