Nicole Foss

Nicole Foss

Nicole Foss is co-editor of The Automatic Earth, you may be familiar with her work under the name “Stoneleigh”. She has spent much time writing and interpreting the on-going credit crunch as the most important aspect of the current multi-faceted crisis.

Articles by Nicole Foss

Negative and the War On Cash, Part 2: “Closing The Escape Routes”

History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few. In the 1930s, gold was the escape route, so gold was confiscated. As Alan Greenspan wrote in 1966:

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