Month: March 2012
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Fiat Money History in the US
Fiat Money History in the US OVERVIEW In a fiat money system, money is not backed by a physical commodity (i.e.: gold). Instead, the only thing that gives the money value is its relative scarcity and the faith placed in it by the people that use it. A good primer on the history of fiat…
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Inflation is an Invisible Tax
Inflation is an Invisible Tax By Eli James Many people cannot see throught the con game that is called fiat money. Even Sheldon Emry failed to understand that fiat money is the bankers’ primary weapon against civilization. He taught that it is impossible to have gold-backed money. But that is only true when the bankers…
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OIL IN AFRICA
OIL IN AFRICA African countries that produce oil are listed below, starting with the highest producer all the way to the lowest. I have analyzed the % of citizens living below KES 80 per day for each country and the main international players in each. 1. Nigeria. 2.8m barrels per day. Oil Discovery date: 1956…
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Going green in these harsh climes
Going green in these harsh climes By MWAURA SAMORA msamora@ke.nationmedia.com Posted Wednesday, February 29 2012 at 16:25 Buildings account for at least 40 per cent of a country’s energy consumption, and one of the best ways to cut down on these huge energy needs lies in our roofs and walls. Discerning architects could create energy-saving…
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Solution to Kenya’s Poverty.
Solution to Kenya’s Poverty. The level of poverty in Kenya, just like in many other African countries, keep rising by the day. This has thrown the social fabric into disarray resulting to issues such as the recent Domestic violence cases in Nyeri and rampant cases of alcohol abuse among jobless youth through out the republic.…