bank


Two BIG Reasons NOT to keep your cash in the bank

Two BIG Reasons NOT to keep your cash in the bank

By Mark Nestmann Nestmann.com March 21, 2016   Two BIG Reasons NOT to keep your cash in the bank     It’s bad enough depositing your money into a bank account and earning essentially zero interest on it, or in some countries, having a negative interest rate. It’s even worse knowing that once you deposit […]


German Response to Negative Interest Rates: Safe Deposit Boxes

German Response to Negative Interest Rates: Safe Deposit Boxes

By Paul-Martin Foss Carl Menger Center March 19, 2016   German Response to Negative Interest Rates: Safe Deposit Boxes     The Japanese response to negative interest rates was to buy personal safes. The German response is to pull money out of bank accounts and stick it in safe deposit boxes. Both are perfectly understandable […]


Mortgage Shenanigans Returning

By Paul-Martin Foss Carl Menger Center March 4, 2016   Mortgage Shenanigans Returning     In another ominous sign of a returning housing bubble, Bank of America is introducing a new mortgage that requires only a three percent down payment. The reason for doing so is to get around Federal Housing Administration (FHA) backing for […]

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Goldman Sachs

Does Goldman Sachs have a candidate in the presidential race?

By Against Crony Capitalism January 27, 2016   Does Goldman Sachs have a candidate in the presidential race?     Goldman Sachs, AKA Government Sachs is very active politically. It has sought systematically to get its people into positions of power around the world. The second best thing to do after having one of the […]


SpyCustomers

Spy on Your Customers… or Else

By Mark Nestmann Nestmann.com September 16, 2015   Spy on Your Customers… or Else     Do you distrust the banking system? Prefer to do business in cash? Complain about the encroachment of Big Brother into every facet of your life? If you answered “yes” to any of these questions, you’d better watch out. You’re […]


Grand Theft Auto – UK and EU Bank Depositor Bail-In Regime Implemented

By Graham Vanbergen TruePublica September 15, 2015   Grand Theft Auto – UK and EU Bank Depositor Bail-In Regime Implemented     Shares and stocks are tumbling around the world, with investors worried that the next global crisis has already begun. There is considerable uncertainty and nervousness amongst economists and trend forecasters. Government’s sooth jittery markets with misinformation […]

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cash

The Case for Outlawing Cash

By Bill Bonner Bonner & Partners September 8, 2015   The Case for Outlawing Cash     GUALFIN, Argentina – September is here. As expected, market volatility is increasing. The Great Zombie War is intensifying. And investors are getting scared. Yesterday [September 1], the Dow lost 470 points – a nearly 3% drop. Bloomberg: U.S. […]


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The War On Cash: Why Now?

By Charles Hugh Smith Mises.org July 29, 2015   The War On Cash: Why Now?   You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean? It means governments are limiting the use of cash and a variety of […]


Greek Pilot Flies F16 to Turkey to Withdraw Cash From Bank

By Martin Armstrong Armstrong Economics July 22, 2015   Greek Pilot Flies F16 to Turkey to Withdraw Cash From Bank     According to a media report from the French website Radio Cockpit, a Greek military pilot Major Homer Sipostopulos, flew his F-16 jet and landed in the Turkish town of Söke on the Aegean coast to withdraw €2000 from a […]

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