Tag Archive: central-banks

A Fatal Flaw in the System

  The Hard Rocks of Real Life BALTIMORE – The Dow dropped 174 points on Thursday, the biggest fall in six weeks. Not the end of the world. Maybe not even the end of this year’s bounce-back bull run. As you’ll recall, stocks sold off at the beginning ...

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Frisky Yen Upsets Japan’s GOSPLAN

  It Wasn’t Supposed to Do That… When you’re a central banker in a pure fiat money system and even your ability to print your own currency into oblivion is questioned by the markets, you really have a problem. This is actually funny on quite a number...

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Rotten to the Core

  Poison Money BALTIMORE – We live in a world of sin and sorrow, infected by a fraudulent democracy, Facebook, and a corrupt money system. Wheezing, weak, and weary from the exertion of trying to appear “normal,” the economy staggers on.   Staggering...

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A Tribute to the Jackass Money System

  A Witless Tool of the Deep State? Finance or politics? We don’t know which is jollier. The Republican presidential primary and Fed monetary policies seem to compete for headlines. Which can be most absurd? Which can be most outrageous? Which can ge...

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Federal Devolution

  Leaning Into the Wind BALTIMORE – During our lifetime, three Fed chiefs have faced a similar challenge. Each occupied the chairman’s seat at a time when “normalization” of interest rates was in order.   Recently, we remembered William McChesney Mar...

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The Pitfalls of Currency Manipulation – A History of Interventionist Failure

  The G-20 and Policy Coordination Readers may recall that the last G20 pow-wow (see “The Gasbag Gabfest” for details) featured an uncharacteristic lack of grandiose announcements, a fact we welcomed with great relief. The previously announced “900 p...

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How Venezuela Exported 12.5 Tonnes Of Gold To Switzerland On March 8

Submitted by Ronan Manly of Bullionstar Blogs Following on from last month in which BullionStar’s Koos Jansen broke the news that Venezuela had sent almost 36 tonnes of its gold reserves to Switzerland at the beginning of the year, “Venezuela Exporte...

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