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The Jolly Roger Dollar and the pirates that made it Kindle Edition

5.0 5.0 out of 5 stars 3 ratings

In his 1982 article, “Monetary Policy: Theory and Practice,” Nobel laureate Milton Friedman said that "if a domestic money consists of a commodity, a pure gold standard or cowrie bead standard, the principles of monetary policy are very simple. There aren’t any. The commodity money takes care of itself."

It takes care of itself. Consider that thought for a moment, then ask yourself why we've had politically-appointed bureaucrats running the money and banking system since 1913. The "official" reason was to maintain the stability of the dollar and avoid the kind of panics that plagued the 19th century economy. But the dollar has all but dried up in value, and the crises today are threatening to bring the whole planet to its knees.

Is it possible the commodity we had been using for money - gold - has been hijacked for special interests? Is it possible that gold has been given a bad rap, that banking itself has been the cause of financial crises throughout history?

The Jolly Roger Dollar addresses these questions in detail, providing numerous hyperlinks to web resources as references for further reading.

Product details

  • ASIN ‏ : ‎ B0067TU3QO
  • Publisher ‏ : ‎ Preston Press; 2nd edition (December 5, 2011)
  • Publication date ‏ : ‎ December 5, 2011
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 395 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Sticky notes ‏ : ‎ On Kindle Scribe
  • Print length ‏ : ‎ 153 pages
  • Customer Reviews:
    5.0 5.0 out of 5 stars 3 ratings

About the author

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George Ford Smith
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George Ford Smith was born in Buffalo, NY in 1943 and has worked with computers for much of his adult life. As a computer programmer from the late '60s to the mid-'80s, he wrote Fortran programs for transonic wind tunnel tests, authored a program simulator in mainframe assembler for the prototype phase of the Safeguard ABM Project, and developed a popular shareware library for the IBM PC called "Boosters for Turbo Pascal Programmers." Snippets of his Boosters 8088 assembler code were published in Dr. Dobb's Journal and other trade publications.

Smith began experimenting with scriptwriting in the mid-'70s, mostly for the amusement of colleagues, then undertook it seriously when he began his writing career fulltime in 1999. In addition to movie scripts and a short story based on a turtle he rescued from his pool's skimmer, he has written articles on economics, history, and politics for libertarian websites such as Strike-the-Root.com and Mises.org. His formal education, which went as far as graduate work in psychology at the University of Buffalo, is largely irrelevant to anything that matters.

In pursuit of less-frigid experiences, Smith left Buffalo in 1979, having accepted a position in computer security with Atlanta-based Southern Company. Within three years he got divorced, remarried, and had twin baby girls. In the afterword of his novel, "The Flight of the Barbarous Relic," he tells the following story:

"When I moved from Buffalo to Atlanta in 1979 and began work for an electric utility, I knew someday I would leave and attempt a writing career. A few weeks into my job I came across a newspaper headline that consisted of the song title, "Gonna Fly Now!" I have long since forgotten the accompanying story, if I even bothered to read it. I cut the headline out and taped it to the inside top of my office trash basket as a reminder. People sometimes lose sight of their goals. I didn't want that to happen to me.

"As the years passed, I took the waste basket with me whenever I switched departments or moved to a different building. A thing of beauty it isn't. It's a black clunker, not the least stylish, but it was the most important part of my office baggage.

"On a July morning in 1999, as I was leaving downtown headquarters for the last time and about to begin my new career, I had the basket in my arms as I was passing the guard's station in the lobby. It was filled with personal items - pictures of my kids, mostly - as if I were moving to a new office within the company. But the guard knew I was on my way out for keeps and asked me if I was stealing company property. I said, yes, I was. We both laughed, and I continued on out the door.

"As I type these words now the trash basket sits on the floor of my home office, the Rocky theme song title untouched after 29 years.

"Yes, the writer is a thief. But maybe he can be forgiven."

Customer reviews

5 out of 5 stars
5 out of 5
3 global ratings

Top reviews from the United States

Reviewed in the United States on February 5, 2012
George Ford Smith hit a home run when he wrote this excellent history about the Federal Reserve, its questionable beginnings, and the questionable characters involved in its founding, and the resulting tragedies suffered by the citizens of the United States because of the Fed.

This book provides a concise record of the failures of a system that was promoted by its advocates as the instrument to prevent such failures. Fiat currency throughout time has proven to be a masked robber of the citizens who have been stuck with it. The dollar, no longer backed by real money, is no different, and 'The Jolly Roger Dollar' shows how this sorry state of affairs has been engineered by the Fed.

This is a book that all Americans need to read now.
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Reviewed in the United States on September 4, 2014
An excellent primer on the Austrian School critique of our economic troubles.
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