Thank You Mr. Buffett

Larry Parks thanks Warren Buffett for starting a conversation about gold, even though Mr. Buffett declaims any possible role for gold in the world’s monetary system. That is, Mr. Buffett believes that gold is not of much use when, in fact, it has great use as money. Parks explains how and why politicians, who are […]

Why US Monetary System Violates Jewish Law (Part I)

The U.S. monetary system and all legal tender irredeemable paper-ticket-electronic monetary systems worldwide violate scripture in every major religion. In the U.S., after the Civil War experience with paper money, called Greenbacks, there was a great deal of dissension about whether to resume gold-as-money. There were debates in the business, banking, and labor sectors about […]

Why US Monetary System Violates Jewish Law (Part II)

The U.S. monetary system and all legal tender irredeemable paper-ticket-electronic monetary systems worldwide violate scripture in every major religion. In the U.S., after the Civil War experience with paper money, called Greenbacks, there was a great deal of dissension about whether to resume gold-as-money. There were debates in the business, banking, and labor sectors about […]

Why US Monetary System Violates Jewish Law (Part III)

The U.S. monetary system and all legal tender irredeemable paper-ticket-electronic monetary systems worldwide violate scripture in every major religion. In the U.S., after the Civil War experience with paper money, called Greenbacks, there was a great deal of dissension about whether to resume gold-as-money. There were debates in the business, banking, and labor sectors about […]

What you can do to help:

FAME depends on your generous contribution so that we may educate folks to mitigate the damage when our unstable, unauthorized (by the Constitution), and dishonest monetary system finally collapses. Support FAME

Labor & Union Issues

Labor, Unions and Workers know they have been swindled, their pensions jeopardized, and a lifetime’s work placed at risk. The last time American workers were faced with fixing their financial system, American Labor called for a fair and honest monetary system, enjoyed broad public support, and worked to achieve it. The ensuing prosperity lasted more […]

Phony Risk Management

The phony definition of the so-called “riskless rate-of-return” results in a gross misallocation of pension plan assets on which Wall Street firms and banks garner exorbitant and unearned fees. If the putative beneficiaries  receive the benefits and pensions they have been promised and which they have earned, it will be a happy accident. Meanwhile the […]

The Fed is Causing, not Curing, Deflation, Low Wages, Unemployment and Reducing Demand

Lawrence Parks Contact Information

The Fed believes that Zero interest-rate policy (ZIRP) will boost the economy by increasing credit creation, making it more profitable to build factories, start businesses, with increased demand and employment to follow. ZIRP, a euphemism for facilitating the creation of legal tender irredeemable paper-ticket-electronic make-believe money out of nothing, does bring forward sales of some […]