Are “normal” businesses 100% reserved?
byWhen discussing the “fraudulent” nature of fractional-reserve banking, the crux of the issue seems to be how the law distinguishes between banks and other…
Alongside Night
byIn an article earlier this week, Andy Duncan mentioned a gem of a novel about this potential paper money breakdown scenario by J. Neil…
CentreRight: On economic forecasting and double-dip recession
byOver at CentreRight, I have set out briefly the mistake presently being made by policymakers in the US, which I expect to be mirrored in…
No sympathy for Ponzi SMEs – Business Review Europe
byIn an op ed for Business Review Europe, I challenge the conventional wisdom on the importance of the SME sector. The unintended consequence of…
Bill Laggner: US government is running the US markets
byLaissez faire means: Let the common man choose and act; do not force him to yield to a dictator. Ludwig von Mises, page 730,…
Cowen: Mutual Fund Banking
byProfessor Tyler Cowen in 1990 was writing about reforming the banking system based along mutual lines. If he had been listened to back then,…
Jim Rickards: What’s So Wrong With Deflation?
byJim Rickards is the Senior Managing Director for Market Intelligence at Omnis, Incorporated, and was interviewed recently by Eric King to discuss the US…
Government spending to decrease? You’re having a laugh!
byBeneath, I explain that, under the condition that the current financial system is not restructured, the proportion of the economy run by government, rather…
UK Think Tank Urges Radical Change To Financial Regulation, Says Axe The FSA
byOver at WealthBriefing.com, Tom Burroughes proposes a radical change to the way financial services are regulated in this country: Much of the UK’s financial…
Pierre Lassonde: Gold correction is nothing to worry about
byThe recent decline in the gold price has sent a few tremors through the gold bugs of the world, though it may be nothing…