extraordinary measure? who the hell are you kidding? Call it what it is - a bailout of the elites that you worship, and a detriment to the true...
goodgoing: The collectivist is you, not me. True capitalism is not what we have today. When money printing is done by the few to support the...
Yes, but to be honest, only recently have I read up on Chartalism through my research on MMT. But I have been aware of MMT for over a year now....
Credible alternatives are already underway. They are called bilateral trade agreements. Two nations get together and determine to trade with...
What you said above is 50% correct, and 50% incorrect - but you're on the right page. Let me explain: No other country can print the way we do...
I have seen that video - but its focus is more on the role of credit in the banking system. Yes, due to double entry book-keeping, money is...
Has anyone heard of this? It is actually a description of how the US fiat monetary system works. I believe there are a lot of misconceptions out...
jem, There is a clear advantage to having the world reserve currency. How else do you explain the US spending more than the next ten largest...
The Triffin Dilemma is alive and well. Think about it - As the world economy grows, so too should the supply of the reserve currency. But for...
China is already negotiating bilateral trade agreements to be denominated in anything but the US Dollar. The largest such agreement is between...
Exorbitant Privilege: http://en.wikipedia.org/wiki/Exorbitant_privilege Triffin Dilemma: http://en.wikipedia.org/wiki/Triffin_dilemma...
I think it depends on who the individuals or hedge funds are - and that hasn't been disclosed yet. It's still too early to rule this out, but I...
This could be a huge story. Think about it. If this is rampant, there could be a tidal wave of redemptions at hedge funds, triggering...
http://www.fms.treas.gov/gold/current.html by the way, there are 32,000 ounces in a ton.
I'm speaking of official gold holdings. Gold that the government already owns. The US has about 8,100. India (officially) has only 557 tons....
The US has more gold than any other nation. It is also a custodian of many other nations' gold. In my view, when the current debt based fiat...
To understand this missile launch, I think you have to look at the totality of the circumstances. On Monday, Zoellick, Pres of the World Bank...
The Banks literally own the Federal Reserve. And in a debt based fiat paper world - they control everything, even sovereigns. A little...
Faber was right about Novagold! As for the war thing. Unfortunately, I think it's unavoidable. At the end of the day, it's not about the...
He has also discussed the endogenous theory of money creation. That is, banks do not wait for reserves to lend. They lend first, and find...
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