The European Banking Can Nears the End of the Road
by“The key thing to know about Lehman Brothers is that it did not cause the financial crisis, it revealed the financial crisis”[1] Central Banking…
Bank Credit
A history of Fractional Reserve Banking – or why interest rates are the most important influence on stock market valuations? Part 2
bySource: 1propaganda.com Central banks appear more powerful than at any time in their history – has something changed? Not really – because of…
A history of Fractional Reserve Banking – or why interest rates are the most important influence on stock market valuations? Part 1
byEditor’s Note: The following history of fractional reserve banking, by Colin Lloyd, was kindly written especially for The Cobden Centre. William Hogarth – The…
Blind Robbery! How the Fed, Banks and Government Steal Our Money
byEditor’s Note: Philipp’s terrific new book “Blind Robbery! How the Fed, Banks and Government Steal Our Money” is now available (Publisher: FinanzBuch Verlag (June…
Chapter 7: Secrets, Ignorance and Lies: Money, Credit and Debt.
by“The tyranny of fraud is not less oppressive than that of force.” John Taylor of Caroline, Virginia, 1814. Our system of money-creation…
Fed Suppression, Long Term Economic Repression
bySource: http://bawerk.net/2016/05/19/fed-suppression-long-term-economic-repression/ The Federal Reserve really wants to raise rates, but they do not dare as the consequence of interrupting an unprecedented level of capital…
The Endgame
byThere is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners…
The ECB and John Law
byLast week, the ECB extended its monetary madness, pushing deposit rates yet more negative. It is extending quantitative easing from sovereign debt into non-financial…
Interview with Dr Emma Dawnay on the Swiss referendum on monetary reform
byThe following questions have been answered by Dr Emma Dawnay, on behalf of Monetäre Modernisierung, the organisation bringing the Swiss Sovereign Money Initiative (or…
Austrians get (some) mainstream credibility
byWell, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the…