By Jeff Deist The blogger Bionic Mosquito has a post relating to today’s Mises Daily article on fractional reserve. Mosquito makes that point that modern deposit contracts are not bailments, with the depositor retaining ownership. Instead, the individual depositor in […]
by Jeff Thomas In late-18th-century America, something of minimal value was often described as being “not worth a continental,” which referred to the continental dollar, the American currency at the time of the revolution. The continental […]
By Michael Snyder The global economy is structured to systematically funnel wealth to the very top of the pyramid, and this centralization of global wealth is accelerating with each passing year. According tothe United Nations, […]
By Mac Slavo Despite the recent drops in gold and silver from their all-time highs just a few years ago, the fundamentals for owning precious metals as long-term investments have never been better. From a monetary […]
By Zine Larbaoui Stake outs, holes to drill, forced armored safes openings … No; you are not reading about bank robberies news clippings … These are governments themselves organizing these actions under the guise of […]
by GoldCore Bank of England officials led by Mark Carney, the Bank of England governor, are attempting to bridge sharp differences among leading G20 countries as they prepare a landmark set of proposals aimed at […]
By David Stockman IBM is a poster child for the ill-effects of the Fed’s financial repression. In effect, the Fed’s zero interest rate policies are telling big companies to issue truckloads of debt and use the […]
By Michael Snyder The basic necessities in life just keep getting more expensive. On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent. That […]
By Michael Snyder Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization. He has been serving as the General Manager of the Bank for International […]
by John Rubino It is by now generally understood, at least in the sound money community, that inflation is much higher than the government admits and that the true extent of the problem is being hidden […]
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