Gresham’s Law, specie flows, mint ratios, bimetallic standards, Spanish Silver Dollars, and fallacies as old as the hills. read more…
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The Ben Bernank and Co. tell the banks to get ready. read more… FNB gives clients the option to purchase real money online. But be careful, this type of ownership is fraught with risks. read more… PK, HA and the UK! read more… Professor Sumner’s objections to the classical gold standard hit all the right marks for all the wrong reasons. read more… You will be paying substantially more at the pump and in grocery stores this year, and that will force you to spend less on other items. Yip, you’re getting screwed! read more… When accounting for the monetary debasement. read more… Hint: it won’t work. Brazil’s foreign exchange intervention has unintended consequences and will not achieve the intended aim, halting the rise of the real. read more… If we can’t borrow to pay off lenders, well, then we’re broke says Chairman of Obama’s Council of Economic Advisers. read more… And this chart from techticker.co.za shows the “don’t get it” margin is huge and growing. read more… Jens O. Parsson’s insights are worth remembering as the Fed fires up the printing presses again. read more… Just because it says MADE IN AMERICA with a big AAA stamp on it, doesn’t mean its not rotten to the core. read more… |
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