DollarDaze

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

Fed up With the Fed

01st July 2007
Public opinion of the Fed is that of being a vigilant watchdog of inflation. Always seen as watching economic indicators and ready to adjust the interest rates in order to "fight" inflation. This is of great irony, because it is the very same Fed that is ... Read >

The Emperor's New Clothes

01st July 2007
Would you lend money to a counterfeiter? I wouldn't think so. Then why do countries such as China and Japan hold over $1 trillion each from the US which has recklessly been printing greater and greater amounts of money since going off the gold standard? P... Read >

The Diamond-Water Paradox

01st July 2007
Why are diamonds valued more than water? Water, not diamonds, is necessary for life. So shouldn't it be more valuable? Classical economists puzzled over this question and named it the value paradox. Scarcity of goods is what causes humans to attribute val... Read >

Fundamental vs Technical Analysis

01st July 2007
Instinctively our minds are wired to detect patterns. Any person looking at a typical stock price chart will feel that he/she can predict where it will go based on where it has been.How strong is the pattern recognition of humans? Consider the following d... Read >

Saving vs. Spending

01st July 2007
Consider a simple scenario where an individual has some grain. He could either:Eat all of the grain now and over the course of winter. Eat the bare minimum of grain to survive and save the remainder to plant next year's crops. What are the consequences of... Read >

What is a Dollar?

01st July 2007
I have a growing concern regarding paper money. That concern is what defines a "dollar". A dictionary definition describes a dollar as being a basic monetary unit equivalent to 100 cents. Further investigation reveals that a cent is equal to 1/100th of a ... Read >

Confiscation Through Inflation

01st July 2007
"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 architect of our present-day fiat money system)The Mission Statement of the Federal... Read >