Citizens in Italy rebel against their central bank by printing their own Euro currencies for use in commerce
One of the most important functions of a central bank is to ensure there is enough currency in an economy to support the needs of consumers. However, with the advent of...
Ripple...and not the Greatful Dead version...
Barack Obama may have finally destroyed America’s #1 advantage
August 23, 2016
In July 1944, just weeks after the successful Allied invasion of Normandy, hundreds of delegates from around the world gathered in...
A friend insists I read this...
John Maynard Keynes
So influential was John Maynard Keynes in the middle third of the twentieth century that an entire school of modern thought bears his name. Many of his ideas were revolutionary; almost all were controversial. Keynesian...
When the Truth is Found to be Lies, Confidence in Currency Dies
(Editor's Note: Lyndon Baines Johnson was, perhaps one of the five most evil human beings in American History. Second only to Hillary Clinton, Johnson was complicit in the pre-meditated murder of John Fitzgerald...
When Money Fails
Gary North - April 16, 2016
Money seldom fails, but occasionally, it does. It failed in Germany and Austria 1921-23. It failed in Hungary after World War II. It failed in Zimbabwe in 2008-9, when the rest of the world was in a recession.
Here is a famous case of the failure of...
We all know about Argentina, Venezuela, etc. This one too has been going on for awhile now.
Been getting worse and worse.
Brazil: economic collapse worse than feared
by Patrick Gillespie @CNNMoney March 31, 2016: 2:26 PM ET
Amid political chaos, Brazil's economic collapse is worse than...
The Year Of The Red Monkey: Volatility Reigns Supreme
To preserve capital, you need to outsmart the monkey
by Charles Hugh Smith
Friday, March 11, 2016, 3:16 PM
Tags: bonds, bubble, central banks, crisis, currency, financial markets, fire monkey, interest rates, NIRP, recession, red...
China warns Soros against ‘declaring war’ on its currency
By Sue Chang
Published: Jan 26, 2016 4:02 p.m. ET
Soros is a man intimately familiar with currency crises
Beijing makes it clear that it sees George Soros as a threat and warns him from shorting the yuan in an op-ed published...
During A Currency Crisis, This Is Tremendously Helpful
L Todd Wood
As Canada suffers through a currency crisis, one notable result is the tremendous benefits of holding gold. How does this apply to you?
Gold always works during a currency crisis. It has been proven over and over again...
Nervous FX Traders Are Buying Dollars And Yen
By Kathy LienForexJan 05, 2016 05:23PM ET
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.
During the North American trading session, the U.S. dollar and Japanese yen held onto their gains, reflecting the...