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Posts tagged: panic

Printing bonds: even easier than minting trillion-dollar coins.

Photograph by Charles O'Rear/Corbis

Printing bonds: even easier than minting trillion-dollar coins.

Go Ahead, Buy the Obama Bond

With the federal government partly shut down and the footsteps of the debt ceiling clomping closer, the search is on for worst-case, last-gasp, what-if-we-have-to-ram-the-asteroid solutions. The latest of these is the “Presidential bond,” a.k.a. the “Obama bond,” a.k.a. this year’s...

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Need a reliable store of value in case of economic calamity? Look no further.

Photographer: ZenShui/Yves Regaldi/Getty Images

Need a reliable store of value in case of economic calamity? Look no further.

Gold’s a Hedge Against the Apocalypse. So’s Canned Food.

Investors in gold seem to fall into two categories: those who believe they're riding a gold bubble, and those who think it's a reliable store of value. The first have done well, the second are now getting killed in the...

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The U.S. twenty-dollar bill: A widely accepted tool for everyday transactions.

Photographer: Susana Gonzalez

The U.S. twenty-dollar bill: A widely accepted tool for everyday transactions.

Bitcoin, Still Not a Currency. And Now Crashing.

Last month, I wrote a post titled “Sorry, Bitcoin Isn’t a ‘Currency’” pointing out that whatever the merits of Bitcoin as an investment, its use as an actual currency useful for buying and selling was minimal. I wrote it thinking...

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