A Pro-Gold Standard Appointed to the Federal Reserve Board of Governors
Judy Shelton has made a name for herself as a fan of the gold standard through several recently published articles.
Read articleJudy Shelton has made a name for herself as a fan of the gold standard through several recently published articles.
Read articleWe asked the question last May: will the GAFAs precipitate the collapse of the banks? Now, with the cryptocurrency that Facebook will launch next year, we must move to a new level: in addition to competing with the traditional banking sector, Libra risks accelerating the loss of credibility of centr...
Read articleThe Italian Parliament voted for a motion to create "mini-BOTs", i.e. ordinary Treasury bills of low unit amount, the level of a banknote, to be able to be used routinely. They would not offer interest and would have no maturity, which would assimilate them to traditional currencies.
Read articleA new theory is becoming increasingly successful in the United States, and it is starting to make people talk about it in Europe. Remember this name, you will hear it more and more: the Modern Monetary Theory (MMT).
Read articleAccording to a ranking compiled by Les Echos, among the seventeen largest European banks, Deutsche Bank has the largest number of employees paid more than €1 million per year - exactly 643 - ahead of Barclays (542) and HSBC (399), despite being the largest bank in the EU by balance sheet.
Read articleThe question is not a crazy one: GAFA are investing in banking services, as well as a lot of FinTechs.
Read articleWill the date of March 29, 2019 remain in the history of gold? Certainly, because it marks the resurgence of precious metals in the banking and financial system.
Read articleHere are the numbers: France’ public debt has reached €2,299.8 billion, the equivalent of 99% of its GDP. Public debt keeps growing year after year since deficits – State ones being the largest – persist.
Read articleDo not believe anyone telling you the European banking sector is healthy. None other than the European central bank, the ECB, is aware of the problem, having just confessed to it.
Read articleThe media outlets didn’t go with this news, probably fearing some fake news or another conspiracy theory, while examining the sources in my articles would have reassured them immediately. But did they bother?
Read articleMy last article on the end of sanctuarization of the Banque de France’s gold grabbed a lot of attention. However, this news hasn’t made it to the main stream media. So let’s get back to this important issue.
Read articleBanque de France’s gold must not be used as collateral for financial operations. It is important to revise this scandalous decision.
Read articleMario Draghi, head of the European Central Bank, must be thinking that one can’t get anything for 2.6 trillion euro, nowadays! This astounding amount is the ECB’s QE or, in other words, all the bonds it has bought since March 2015 – with a printing press.
Read articleThe German government, usually against any form of interventionism, is pushing toward a merger between Deutsche Bank and the country’s second largest bank, Commerzbank.
Read articleThe revolt of the “Gilets jaunes” (Yellow Vests) is not only about the recent taxes on fuel – it has been brewing for quite some time. It has been caused by a steady decline in purchasing power, which has progressively strangled low-income workers.
Read articleThose who own gold are doing better than just preserving their purchasing power – they increase it in a significant manner. Gold plays its role of protecting against inflation perfectly.
Read articleStock markets in Europe and the United States are markedly turning south, although they’re not headed for a crash, at least for the moment. Is this the beginning of a long journey to Hell or just a temporary bump?
Read articleIn a recently published article, Nouriel Roubini, one of the most trusted economists on the planet, predicts: “By 2020, the conditions will be ripe for a financial crisis, followed by a global recession.” He states ten reasons for his prediction.
Read articleDrug money laundering saved the banking system from defaulting during the 2008 crisis. Is this an exaggerated statement?
Read articleThe end of Greece’s “guardianship” by Brussels, the ECB and the IMF on Monday, August 20, was touted as a victory by the media. If we are to judge by their headlines, the Greek crisis is over. Should we then believe everything is going better?
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