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

A BRIEF HISTORY OF BANKING

April 27, 2017 0

Surely the Government is in control of the country and its supply of money? Surely money is only a symbolic token to facilitate the production, exchange and distribution of goods and services? Not so, say […]

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 — […]