-
The deledefs currently seem to rotate. Well this time I will not speak of the stupidity of americans to vote between two dead-bets, but the European masters of stupidity. Europe should guarantee the saving deposits of their people. I can reduce it to one question: With what? They do not have anything...
-
Well here in Germany we are near the top of the prices for fuel. And the politicians blame the oil companies for the high prices. Fact is we do have an oligopoly here. That's in itself not too bad, but together with regulations it hurts. Anyway did you know that well around 60% of the price is caused...
-
Well I'd like to write. "With ESFS III" we are now on our way to correct things. Unfortunatly one can not write anything about that. It's not that we started making less debt, au contraire. It is tried again to fix something caused by debts to cure with more debts The voluntary "cut"...
-
This is a very crude way to discuss. If you'd read Rothbard you will see he never talks about some fiat-currency but gold ounces and that even those earn their interest. That it's not so with current gold is simply because gold is calculated in whatever fiat-money you can think of. And you do...
-
A lot of money vanished yesterday. I guess we're talking about values at or around 2-10 trillions. How will that be changed if the EZB has bought bonds from Italy and Spain at or around 5-6 billion? Without doubt, we can say also. Nothing has changed really maybe just the majority starts "understanding"...