Showing posts with label Crisis. Show all posts
Showing posts with label Crisis. Show all posts
Monday, June 2, 2014
Sunday, June 1, 2014
Ron Paul : Why do central banks hold Gold? Bernanke : Tradition
Federal Reserve Chair Ben Bernanke presented to the committee the Federal Reserve Board's semiannual report on monetary policy. July 13 2011 Ron Paul to Bern...
Gold is Money and Everything Else is Credit. Get yourself on the Gold Standard Today!
Monday, May 19, 2014
Credit Crisis: Banks Need Debt to Create Money
Under the Federal Reserve Act, money is created only by lending. So a "credit crisis" is really a money-supply-is-shrinking crisis. Actually in this situation that we have now is there is too much debt and the printing presses have to keep running so that obligations can be met. Derivatives, over expansion of the Bond markets ect. too much debt!
During the last moments of the Currency Crisis there were some of us who wanted to warn the world that we cannot keep printing fiat money backed by nothing and hope to survive the next economy
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