Debased money, debased marriages

“When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation.” – Gresham’s law, Sir Thomas Gresham

When gasoline prices are rapidly approaching $5 per gallon, it is no secret that U.S. money does not buy what it used to. Even if we use the CPI-U, which significantly underestimates historical inflation, the value of a dollar in 2012 is approximately one-twenty fifth of a dollar in 1913, when the Federal Reserve was first given the responsibility of ensuring stable prices. How a relentless increase in prices is somehow equated with price stability remains a mystery to everyone not working for the Federal Reserve or seated in Congress; if this performance is considered successful, one can only wonder what would constitute failure.

The more casual formulation of Gresham’s law is “bad money chases out good.” This is what we have increasingly seen in the United States. While the devalued Federal Reserve dollar notes are of increasingly little value, they have nevertheless been increasingly replaced by credit dollars, which are of no intrinsic value whatsoever. In fact, there are now six credit dollars for every dollar that is deposited or in circulation, as Gresham’s law would lead one to expect. Credit money has chased out cash.

This monetary debasement is not the only devaluation that has taken place over the last century. Dalrock, an influential Christian writer on intersexual relations, noted the similarities between the monetary and the marital in an article titled “Debasing Marriage”:

Men looking to marry face the same kind of dilemma ancient merchants used to face. Feminists and their enablers have slowly shaved off the value of marriage for men. Marriage for men no longer means:

  • being the legally and socially recognized head of the household
  • an expectation of regular sex
  • legal rights to children
  • lifetime commitment

These changes began with the 19th Amendment and women’s suffrage in the early 20th century. Now, less than 100 years later, they have reached a critical point with the transformation of marriage from a private, religious ceremony recognizing the union of a man with a woman into a licensed, government-approved relationship between two or more individuals of either sex. Neither homogamy nor polygamy have yet been fully enshrined in what presently passes for law throughout the country, but the historical trend is perfectly clear. The only serious question is whether homogamy or polygamy will be the first anti-Western form of relationship to become broadly accepted throughout American society.

Advocates of homogamy often ask how government recognition of homosexual relationships will have any impact on normal marriages. Setting aside the specific answer, which is that the recognition of homogamy has already led to the elimination of the legal terms “husband,” “wife,” “father” and “mother” in some jurisdictions, the more problematic aspect is the way a modified form of Gresham’s law can be observed to apply to modern society.

Call it Dalrock’s law. When a government officially overvalues one type of relationship and undervalues another, the undervalued relationship will decline and become less societally influential, while the overvalued relationship will become more common and more influential.

The government overvaluation of homosexuality is why 4.4 percent of the characters on U.S. television are now sexually abnormal, more than double their actual percentage of the general population. The government devaluation of marital relationships is why marriage rates have been methodically declining across the West, why birth rates have fallen to sub-replacement levels, why the economic growth rates of the 1950s are, at present, demographically impossible and why social programs such as Social Security, Medicare and Medicaid are mathematically doomed.

The Romans did their best to halt both monetary and marital debasement. The Lex Iulia de Adulteriis Coercendis and the Lex Papia Poppaea laws introduced by the Emperor Augustus were both intended to strengthen marriage and raise the birthrate, and Rome survived in the West for another 467 years. Unfortunately for the West in general, and the U.S. in particular, our leaders appear determined to continue to debase marriage and reduce the birthrate, which will only speed up the ongoing process of societal decline and fall.

via World Net Daily


My Life In The Cheap Seats

There’s a price to paid, even for the mostly vicarious life, even one in the cheap seats; a price that is paid, as often as not, by someone else. – HT

More Than Jake: A Story Of The Heart

ARL readers will have noted the recent posting regarding the unfortunate death of my dog Jake.  Mrs. T expressed surprise that I hadn’t said any more and, I suppose, I wasn’t ready to do so at that time.  Here and now, I present a more appropriate epitaph.

Jake, more properly “Salmac’s More Than Jake“, was bred to be a first class hunting dog.  His blood lines were fairly impressive, including several dual (field and show) champions and at least one national dual champion.  As Brittanies go, he was from pretty good stock.  But, just as important to me, he was also a gift, given by a new friend and neighbor who, despite his own many flaws, understood that such generosity was a keystone to opportunity.  And, this gift, was certainly that.

  Continue reading

Dude, Pass The Cheese Doodles

I can’t help it.  This was the latest “top search terms” that have led people to this blog.  So, in the interest of appropriate marketing efforts, I’ll ride that horse a tad longer.

I can’t imagine what really prompted that search, but based on the #1 Google result for those terms, I’d be rather surprised to learn they were really looking for anything that might be found here.  I couldn’t find the link to this site after reviewing more than 20 pages of search results, although those words were, in fact, printed here. Continue reading

Quote of the Day

“Pride grows in the human heart like lard on a pig.”
— Aleksandr Solzhenitsyn

Celebrating Radicalism

A good friend has recently graduated from, arguably, one of the most left-wing institutions in the country, Evergreen State College in Olympia Washington.  While this school clearly provides a number of unique educational opportunities, it seems that its real mission is to promote left-wing radicalism.

Aside from “classes” that actually teach the principles of community organizing and other forms of activism, there is a clear focus on progressive topics such as “social justice”, history deconstruction, power politics, enviro-politics, racial politics, gender politics, etc., etc., etc.  All told, this sort of nonsense takes up something like 40% to 50% of their current course catalog, well on the way to overtaking content that actually deals with the development of useful skills (not to mention the real world).  Continue reading

Three Kinds of People

I know that this will appear to be both overly simplistic and judgemental.  So be it.  I still believe that you can describe the state of the world today on the basis of three basic types of people.  Here they are:

  • Those who worship a God of Love
  • Those who worship a God of Hate
  • Those who worship God’s Creation(s). Continue reading