Saturday , 21 December 2024

Tag Archives: silver

A Return to the Gold Standard Has Major Shortcomings – Here’s Why (+4K Views)

World Bank president Robert Zoellick has stirred up a hornet's nest with his recent call for a return to a gold anchor in the global financial system. The usual suspects immediately denounced him - Keynesian Brad DeLong has [gone so far as to] anoint Zoellick the "Stupidest Man Alive" - [and I would like to add my voice to the chorus by explaining] the dangers of Zoellick's gold proposal, and why fans of the classical gold standard should be wary. Words: 1708

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Noonan on: What Is “Money”? What It Is Not! (+3K Views)

While money makes the world go around, very, very few people understand what money is and what money is not, and that is purposeful on the part of the elites and every government. This article explains why that is the case and why there is such confusion around such an understanding of the facts.

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Big Banks Blatantly “Harvesting” Your Money! Got Physical Gold? (+3K Views)

When prices are set by companies that can profit by manipulating or rigging them, we’re screwed. This “harvesting” of our money in ever-more-creative and hard-to-detect ways is not just stealing by reaching a hand into our pocket and taking out money, but stealing in which banks can hit a few keystrokes and magically make whatever is in our pocket worth less. This is corruption at the molecular level of the economy - space age stealing - and it’s only just coming into view.

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