FINANCIAL

How Central Banks Enrich The Few, Harm The Many

September 2, 2018 0

How Central Banks Enrich The Few, Harm The Many THORSTEIN POLLEIT The message unanimously churned out by politicians, central bankers, and ‘mainstream’ economists is that central banks are there for the ‘greater good’. They provide […]

COMMENTARY

The Problem with Gold-Backed Currencies

February 28, 2017 0

The Problem with Gold-Backed Currencies CHARLES HUGH SMITH Any currency is only truly “backed by gold” if it is convertible to gold. There is something intuitively appealing about the idea of a gold-backed currency — […]