Thursday, 22 June 2017

Monthly Archives July 2012

Ron Paul on LIBOR “Isn’t this essentially what the Fed does?”

Posted by Gonzalo Schwarz
July 26, 2012

July 25, 2012 C-SPAN Representative from Texas Dr. Ron Paul questions Timothy Geithner about the LIBOR SCANDAL, the Fed, interest rates, and American taxpayers paying elite bond traders to serve (and become very wealthy) as intermediaries between the Treasury and the Fed. Hearing Mr. Geithner dodge and dissemble is difficult and frustrating – but just […]

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The Soviet Banking System – and Ours

Posted by Gonzalo Schwarz
July 25, 2012

By JUDY SHELTON Many in America today fear that our nation is going the way of Europe—becoming more socialist and redistributionist as government grows ever larger. But the most disturbing trend may not be the fiscal enlargement of government through excessive spending, but rather the elevated role of monetary policy. Our central bank, the Federal Reserve, […]

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Central Bank Policy Leaves Tidal Wave of Money on Horizon

Posted by Gonzalo Schwarz
July 25, 2012

David Ignatius at WaPo has written an opinion piece which warns that the American and European Central banks have been “forced” by complacent and cowardly politicians into pumping money into the economy – to keep the economy afloat – because politicians have been unwilling to commit to the austerity and deficit reduction necessary to tackle […]

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David Stockman on the Debt Supercycle and Unsound Money

Posted by Gonzalo Schwarz
July 24, 2012

At the latest Casey Research Conference, “Recovery Reality Check” in Weston, Florida, Casey Research’s Chief Technology Investment Strategist Alex Daley sits down with David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan.   For more visit the cobdencentre.org… image: flickr.com/newamerica

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Money, Where’s the Money?

Posted by Gonzalo Schwarz
July 23, 2012

by Steve H. Hanke This article appeared in the August 2012 issue of Globe Asia. Since September 2007, when the British Government and the Bank of England bungled the Northern Rock affair, one government after another has sent in the boy scouts in an attempt to douse what has become an international economic wildfire. Their efforts […]

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The New York Fed On The “Phenomenal Asset” That Is Gold

Posted by Gonzalo Schwarz
July 23, 2012

From Zerohedge.com: The New York Fed has a few words to say about gold: A PHENOMENAL ASSET For centuries, gold had a profound impact on history, as a symbol and a storehouse of wealth accepted universally around the world. Gold functions as a medium of exchange, particularly in areas where currencies are distrusted. Yet gold […]

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