Finance

The Markets, Currency, the Transfer of Wealth and anything else that affects your wallet.


The War on Cash in India

The War on Cash in India

By Paul-Martin Foss Carl Menger Center November 18, 2016   The War on Cash in India     The Indian government last week demonetized its 500- and 1000-rupee notes. Overnight, the 500-rupee ($7.36) note and the 1000-rupee ($14.73) note were banned from use in commerce. Those holding the notes were allowed to exchange their notes […]


Regulators fine JPMorgan $264 million for bribery violations

By Against Crony Capitalism November 18, 2016   Regulators fine JPMorgan $264 million for bribery violations     This is a wrist slap. Most other companies are threatened with jail time for executives, forced to agree to long probationary periods, and forced to hire friends of regulators at inflated fees to “monitor” them for years. […]

Regulators fine JPMorgan $264 million for bribery violations

EU Convenes Panic Meeting Because Trump Might Stop Funding 73% of NATO

By Daisy Luther DaisyLuther.com November 14, 2016   EU Convenes Panic Meeting Because Trump Might Stop Funding 73% of NATO     Angela Merkel and nearly every other national leader in Europe are in a panic because of Trump’s unexpected win in the Presidential election. Why? Because, money, of course. The US money that props […]

EU Convenes Panic Meeting Because Trump Might Stop Funding 73% of NATO

SEC Chair To Step Down When Trump Takes Office

SEC Chair To Step Down When Trump Takes Office

By Chris Morran Consumerist November 14, 2016   SEC Chair To Step Down When Trump Takes Office     While the world waits to see what happens to the leadership and policies of the Consumer Financial Protection Bureau, the head of another federal financial regulator has made it clear that she will be stepping down […]


Memo to the Next Administration: Defense Spending Must Be For Actual Defense

By Ron Paul Ron Paul Institute November 14, 2016   Memo to the Next Administration: Defense Spending Must Be For Actual Defense   In a disturbing indication of how difficult it would be to bring military spending in line with actual threats overseas, House Armed Services Chairman Rep. Mac Thornberry (R – TX) told President […]

Ron Paul

Hell Week Comes — Philly election fraud, NBC: US plans cyberwar w Russia, Trump tops polls, Wikileaks: Hillary knew US supporting ISIS through Saudis

Hell Week Comes — Philly election fraud, NBC: US plans cyberwar w Russia, Trump tops polls, Wikileaks: Hillary knew US supporting ISIS through Saudis

By David Haggith The Great Recession Blog November 6, 2016   Hell Week Comes — Philly election fraud, NBC: US plans cyberwar w Russia, Trump tops polls, Wikileaks: Hillary knew US supporting ISIS through Saudis   Hell Week for the nation starts on Sunday, and it’s already stacking up to be insane: Philadelphia police seize documents […]


Fed Holds Rates Steady: Setting Up for December Hike?

By Paul-Martin Foss Carl Menger Center November 2, 2016    Fed Holds Rates Steady: Setting Up for December Hike?     In an unsurprising decision, the Federal Open Market Committee (FOMC) decided today once again to keep its target federal funds rate steady at 0.25-0.50%. It was widely speculated that the FOMC would hold rates […]

Fed Holds Rates Steady: Setting Up for December Hike?

The Pentagon is just another bloated government agency

By Against Crony Capitalism October 18, 2016   The Pentagon is just another bloated government agency     This is the truth and sometimes it’s one that it is hard for “conservatives” to come to terms with. The Pentagon is filled to the gills with waste and inefficiency, it is big government. The military and […]

The Pentagon is just another bloated government agency