For many years now it seems that the state of a nation’s economic health has been reduced, at least in the mainstream press, to one metric—Gross National Product (GDP). Despite rising prices, increasing public and [more…]
In a previous essay I pointed out that it is very likely that the US will isolate itself from the worldwide trading system due to it past, frankly, unlawful actions to steal the assets of [more…]
Great forces are in place to change the world in which we have lived since the end of the Bretton Woods Agreement in 1971. These forces cannot be stopped. The leaders of Western democracies are [more…]
For many months now Alasdair Macleod of Goldmoney.com has been writing about the efforts of a group of non-Western nations, led by Russian economist Sergey Glazyez, to establish a new settlement system for international trade. [more…]
The Imperative for Change The purpose of this essay is not to convince the reader of the necessity for change. It is to present some common sense policy changes to prevent or perhaps mitigate the [more…]
In a few days the British Conservative Party will select a new prime minister from within its ranks. The new PM will have a short-lived opportunity to select new ministers. But more importantly, due to [more…]
In his recent essay for Goldmoney.com, titled Building a Better Banking System, Alasdair Macleod agrees with the Austrian view that sound money would help prevent a looming “combined currency, asset, and banking crisis”, yet challenges [more…]
How Germany Can Liberate Its and Our Society from Impending Economic Collapse The unholy alliance between accommodating central banks and spendthrift governments, born of Keynesian economics, will cause the collapse of the Western world’s fiat [more…]
Central banks are enemies of a free and prosperous society. Let me count the ways. Like the military, central banks are creatures of the state. Suggestions of them being independent are pure fantasy. There is [more…]
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