banks


The war on cash continues, a dispatch from the German front

By Nick Sorrentino Against Crony Capitalism February 4, 2016   The war on cash continues, a dispatch from the German front   Central banks don’t like cash, particularly when they want to impose negative interest rates on a failing global economy. (If banks were to offer negative rates cash would provide a yield and as […]

War on Cash

(Image courtesy of DonkeyHotey/Flickr,CC)

The Fed wants to see what happens if it moves to negative interest rates

By Against Crony Capitalism February 2, 2016   The Fed wants to see what happens if it moves to negative interest rates     It wants to see via a “stress test” of banks. But even with the Fed raising a quarter point recently, so called liftoff, the general trend globally is in the opposite […]


The Fed Passes the Buck: Blame Oil and China

By C. Jay Engel Mises.org January 27, 2016   The Fed Passes the Buck: Blame Oil and China   There are a handful of themes out there on recent market action that are either totally wrong or otherwise highly misleading. For instance, regarding the recent calamity in the capital markets, one especially apparent dichotomy has presented […]

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Cashless Society War Intensifies During Global Epocalypse   Recently updated !

By David Haggith The Great Recession Blog January 25, 2016   Cashless Society War Intensifies During Global Epocalypse       In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as shown […]


The Oil Crash Of 2016 Has The Big Banks Running Scared

By Michael Snyder Economic Collapse Blog January 19, 2016   The Oil Crash Of 2016 Has The Big Banks Running Scared     Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis.  Since the start of 2015, 42 North American oil […]

Running Scared

How Corrupt Is the American Government?

By Against Crony Capitalism January 7, 2016   How Corrupt Is the American Government?     Pretty darn corrupt. It’s at all levels and it takes many different forms. The thing one must keep in mind is that governments by their nature are corrupt. To a limited degree they are necessary but when one group […]

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What Does Today’s “Rate Hike” Mean? ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org December 16, 2015   What Does Today’s Rate Hike Mean?   The Federal Reserve raised the interbank borrowing rate today by one quarter of one percent or 25 basis points. Readers are asking, “what does that mean?” It means that the Fed has had time to figure […]


The Fed and Interest Rates

By Bionic Mosquito Bionic Mosquito December 7, 2015   The Fed and Interest Rates     Over the past several months I have written about the difficulty the Fed will have in raising interest rates given the amount of excess reserves in the system. By “difficulty” I mean the need to utilize different (and quite […]

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How Money Disappears in a Fractional-Reserve Money System

By Frank Shostak Mises.org December 2, 2015   How Money Disappears in a Fractional-Reserve Money System   Most experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US and the world from another Great Depression. On this the Federal Reserve Chairman at the […]