Archive - Oct 7, 2015 - Blog entry
Is a Ban on Physical Cash Coming Soon?
Submitted by Phoenix Capital Research on 10/07/2015 17:54 -0500If you think this sounds like some kind of conspiracy theory, consider that France just banned any transaction over €1,000 Euros from using physical cash. Spain has already banned transactions over €2,500. Uruguay has banned transactions over $5,000. And on and on.
Oct 8 - Moody's Maintains US Credit Rating And Stable Outlook
Submitted by Pivotfarm on 10/07/2015 15:54 -0500News That Matters
Shadow Over Asia
Submitted by Vitaliy Katsenelson on 10/07/2015 11:23 -0500- Australia
- Borrowing Costs
- Brazil
- China
- Commercial Real Estate
- Copper
- Corruption
- Demographics
- ETC
- European Union
- fixed
- Germany
- Global Economy
- Great Depression
- Housing Prices
- Hyperinflation
- Japan
- Market Share
- Ordos
- Purchasing Power
- Real estate
- Recession
- Renminbi
- Savings Rate
- Transparency
- Value Investing
- Wall Street Journal
- Yen
Having government control over the levers of the economy can have advantages. For example, by taking prompt action, the Chinese government was able to pull the economy out of the recession remarkably fast, basically by fire-housing the stimulus package that was equivalent to 12% GDP. That’s the advantage. The only problem is that these kinds of short-term advantages come with long-term, painful consequences.
The Real Definition of Money in a Modern Economy
Submitted by Reggie Middleton on 10/07/2015 11:02 -0500I break down the definition of money at the Blockchain New York conference alongside the founder of Credits, executives from Ethereum and Consenys, Judd Bagley from Overstock.com's digital securities project.
There Will Be Blood – Part III
Submitted by Capitalist Exploits on 10/07/2015 09:36 -0500Hedge fund manager exposes the ugly truth about America's energy revolution: it's like the housing bubble but larger!
Gold as Independent Money Versus Central Banks Paper Ponzi
Submitted by GoldCore on 10/07/2015 06:25 -0500The future direction of the planet is a choice between independent money and the central bankers counter-party paper Ponzi. Gold is independent monetary wealth that cannot go broke.
The Derivatives Market: Bets, Bookies, and Fraud
Submitted by Sprott Money on 10/07/2015 04:59 -0500In the real world, any casino (legal or otherwise) which refused to pay when the “house” lost would quickly be driven out of business
