Swiss National Bank abandons franc’s cap against the euro
byOn January 15th 2015 the Swiss National Bank (SNB) has announced an end to its three year old cap of 1.20 franc per euro….
Swiss National Bank Throws Banks, Self Under Bus
byIn 1985, Arnold Schwarzenegger played John Matrix in the action movie, Commando. One line stands out. While dangling a bad guy over the edge…
Should a Bank in Difficulties Receive Assistance?
byThis was the question put to me by Treasury Committee Chairman Andrew Tyrie MP when I appeared before the Committee on January 6th to…
Money worries
by“I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I…
Greece, Germany and the ECB: and what it means for Bonds, Stocks and the Euro
byGreece is back in the spotlight amid renewed fears of a break-up of the Euro as the Syriza party show a 3.1% lead over…
Lessons For Winning Liberty In a World Of Statism
byFriends of freedom often become despondent when it seems that every day brings another growth and intrusion of government over people’s lives. But there…
The present monetary system the key cause for boom-bust cycles
byOriginally, paper money was not regarded as money but merely as a representation of gold. Various paper certificates represented claims on gold stored with…
Crisis? What Crisis?
by[The following is a shortened version of an original which first appeared on the author’s website, www.truesinews.com ] As Britain fast approaches what is…
Beyond satire
by“Je ne suis pas Charlie. I am not Charlie, I am not brave enough. “Across the world, and certainly across Twitter, people are showing…
2015: the year of the slump?
by2014 ended with two ominous developments: the strength of the US dollar and a collapse in key commodity prices. It is tempting to view…