Saturday, July 26, 2014

Quote of the Day: How Democracy Made Central Banking Possible

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Prior to democracy, loans were undertaken by monarchs, who were personally responsible for their loans. As Meir Kohn of the economics depa...
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Friday, July 25, 2014

Abenomics: Weak Yen Not Equal to Strong Exports 2

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Popular wisdom holds that a weak currency translates to export growth. Let us see how this has worked out in Japan after MORE than a ye...

In Pictures: Global Financial Market Mania as Revealed by Record Credit, Volatility and Bank Asset Growth

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Last Sunday I wrote From all time high to record first half to unmatched highs…in almost all aspects of credit and credit related marke...

Robert Ringer: Don’t Buy into their Fakery

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Self development author Robert Ringer warns against believing in fakery or non-financial bubbles (bold mine) The “experts” seem to be in...
Thursday, July 24, 2014

US Government to Control Money Market Fund Redemptions

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The US government, via the Securities and Exchange Commission, will impose restrictions on the movements or fund flows in the money markets...

Quote of the day: The Employee Ownership Bank Act is Textbook Socialism

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Unfortunately this is no longer fiction. Because in the Land of the Free, the United States Congress is striving to make Atlas Shrugged a ...
Wednesday, July 23, 2014

Quote of the Day: High Degree of Stability of Free Banking Systems

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Another point that stands out [in a review of the empirical evidence] is the high degree of stability of free banking systems.  Overissue...
Monday, July 21, 2014

Ron Paul: What the Media Won’t Report About Malaysian Airlines Flight MH17

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Ron Paul explains the propaganda behind the downing of the MH17 As published from the Ron Paul Institute (bold mine) Just days afte...

Phisix: What Janet Yellen’s “Irrational Exuberance” Speech Implies

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The big profits go to the intelligent, careful and patient investor, not to the reckless and overeager speculator. Conversely, it is the sp...