The economies worldwide are slowing down. This is bad news, but sadly needed. The economies have too much debt and too many bad investments were made.  A recession is nothing more than the way to recover from these bad investments.Governments should not interfere in this recovery process. They have interfered too much in the past, with huge deficits and debts as a result. New debts would only postpone a recovery and is only beneficial to those who were responsible for the mal-investments. Making bad investments and not spending money properly should not be rewarded by the government.

As long as governments do not agree that the problems are a result of fractional banking and creating money from nothing, the gold price will keep on rising. I think the gold price returns will long term be in line with Pm, see also under Downloads a short explanation about Pm. 

Under Download Freemoney Example I posted a story about a very basic economy with 40 consumers, 1 bank and 1 bakery.  The numbers are in line with the example under Free Money Basics. Instead of formulas, there are now words and tables only. Every now and then we refer to the forumlas. Included is a story about a gold standard economy and a fractional banking economy. These illustrate for instance the point why the Occupiers complain about feeling poorer despite working hard. In a next version we will add a Government and illustrate that creating debt and stimulating the economy does not work.

In 2012 we will further describe possible solutions to the current crises and the building blocks for a sustainable, stable, fair and free economy. 

You can contact me at  info@freemoneybasics.com   I look forward to any feedback or questions.