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- Book review of Lights Out. A Cyberattack. A Nation Unprepared. Surviving the Aftermath
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Category Archives: Money
What if cash were made illegal so your money could be used to bail out too-big-to-fail banks after the next crash?
Ellen Brown. November 23, 2015. Hang Onto Your Wallets: Negative Interest, the War on Cash and the $10 Trillion Bail-In. The Web of Debt Blog (Excerpts) By quietly eliminating the possibility of cash withdrawals, banks can make sure the … Continue reading
Cash is King in a deflation — but there are dangers
Risk 1: Capital controls Restrictions on bank withdrawals (no ATM withdrawals, no bill payments, etc) Restrictions on money market fund redemptions Greater restrictions on retirement fund liquidations Fixing an official exchange rate and criminalizing market rate transactions Banning the conversion … Continue reading
Posted in Money
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Why Treasury Bills are likely to be safe for at least a few years
my comment: SHORT-TERM 4-week or 13-week treasury BILLS that is Apr 19, 2012 Ilargi at the automaticearth.com Mauldin: unproductive government debt is killing us. So we either make some big, tough collective decisions, and make them soon; or we come … Continue reading
Posted in Investing advice, Money
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Inflation: defining and identifying it
Ilargy 2011 automatic earth The fact that there’s all that zombie money around (or zombie credit, to be precise) leads many to believe the US witnesses inflation. Not true. Inflation is not the same as rising prices. Prices can rise … Continue reading
Posted in Crash Coming Soon, Inflation or Deflation, Money
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Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt
Just about everyone I know believes in the permanence of the Dollar, the Eternal Supremacy of the United States, and the propaganda to constantly grow their money by taking risks. So they dutifully feed hard-earned wages into the voracious slot … Continue reading
Posted in Crash Coming Soon, Debt, Money, No Reforms, Ponzi Schemes
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How Money is Created: 3 articles
Also see: Money as Debt (45 minute video) Can Banks Create Money out of Nothing? – Richard Werner Money Creation in the Modern Economy –Bank of England David Graeber. March 18, 2014. The Truth Is Out: Money Is Just An IOU, … Continue reading
Economics 101: Liquidity is a Loan, Why prices can go UP in a Deflation, do not buy Gold, and Much More
December 29, 2007. Karl Denninger. The Year In Review And a Look Ahead for 2008. market-ticker [I’ve snipped out a lot of this article, which is no longer available on the internet. It was very prescient, and even though some … Continue reading
Posted in Gold & Silver, Inflation or Deflation, Money
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Money – what is it?
The following are good articles to read about what money really is The supply of money in an energy-scarce world 2011. Richard Douthwaite. Summary of this article: Money has no value unless it can be exchanged for goods and services … Continue reading
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Dailyreckoning
Preface. Bonner & Wiggins at the dailyreckoning called the 2008 housing crash in 2002 and the 2000 dot.com crash in 1999. They’ve got a lot right, a lot wrong, and are always entertaining to read. A few random excerpts are … Continue reading
Posted in Economic Decline, Gold & Silver, Money
Tagged bonner, daily reckoning, debt, greenspan, stock market
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