http://www.zerohedge.com/news/2013-03-02/china-central-bank-says-it-fully-prepared-looming-currency-war Central banks itself are a catastrophe, central banks and Fiat money of paper with which you have to pay is just a desaster waiting to happen. A real...
Well in my opinion there is an order of imporance for our money system. The base is the fiat-money has to go. Nothing else will help the honest. All fiat-money systems are systems of defraud. The holders of the "money" are states in the form...
Not all debts are born equal. And even those being born equal may change over time. You can bet it's another round about Greece. So yes Greece has emitted bonds. (so for so bad). Now it's getting a bit crazy. During 2010 these bonds were accepted...
Well dear investors, it is time to conclude. One can not rely on economic data any more. The central banks do manipulate the interest and keep it on record lows. This just means you do not even get the proper interest to account for the inflation. In...
According to von Mises the Bust is the cure and the Boom the desease. So the way out is chrystal clear. As long as we try to prolong the boom the harder and harsher the Bust. Now we have to pinpoint the problems in some logic congruent way. So we know...