The Birth of a Monster
The Federal Reserve is primarily about propping up existing credit bubbles
Tag: Central Banking
The Pseudo-Psychology Behind Monetary Policy
What is required for economic growth is a growing pool of real savings
The Pseudo-Psychology Behind Monetary Policy
What is required for economic growth is a growing pool of real savings
RED ALERT – IBM Moves to Create a Centralized, Central Bank Controlled Blockchain for Currency Control
The problem with Bitcoin, was that once it exploded onto the scene, everyone suddenly had to have an opinion. Whether or not this opinion was informed, or based on even the most basic understanding, wasn’t important. What was important is…
Meet the Extreme Super Rich – A List of the 80 People Who Own Half the World
I didn’t provide this list to say whether these people are good or bad. I provide it, because whenever 80 people own half the world’s wealth, we sure better know who they are. We should also be cognizant of the…
A Billionaire Lectures Serfs in Davos – Claims “America’s Lifestyle Expectations are Far Too High”
If you listened closely this morning, you could hear humanity vomit as JP Morgan CEO, Jamie Dimon, began to speak at Davos. In what amounted to some of the most egotistical and delusional statements heard at a conference filled with…