• Gold Standard I...
    07/24/2014 - 01:47
    There is confusion over what legal tender law does. It doesn't force merchants to accept dollars under threat of imprisonment. It attacks lender, by granting debtors a right to repay in dollars.

Contributing Editors' Blog Entries

Capitalist Exploits's picture

You Want to Know the Truth About the World? Ask a Child...

Reality Rosenberg Children display beautiful and at times brutal honesty


EconMatters's picture

No Inflation, Thanks to ObamaCare

Federal Reserve Janet Yellen Obamacare Personal Income Purchasing Power Recession Stagflation Twitter Twitter The government now has another measure which under-reports inflation by accounting chicanery...


George Washington's picture

The Chaos In Iraq Is By DESIGN

B+ Iran Iraq Israel Middle East national security Neocons None Obama Administration Turkey White House The Real History of the American Strategy for Iraq and the Middle East


williambanzai7's picture

WORLD CuP UPDaTe

Hogan's Zeros...


Tim Knight from Slope of Hope's picture

Disrespect for Authority

Slope of Hope I was reminded of this by this story from Salt Lake City, which tells of an officer that was looking for a lost child. For reasons wholly unclear to me, in conducting a house-to-house search, this "peace" officer shot and killed a dog.


Pivotfarm's picture

Grandparents to the Financial Rescue

Great Depression Housing Bubble Recession I heard it said one day that I would never be as rich as my parents. They were baby-boomers, the people that benefited from the expansionary Thirty Glorious Years of the post-Second-World-War period.


EconMatters's picture

The Fed Misrepresenting Inflation to Justify Inept Policy

Central Banks CPI Fail Federal Reserve recovery Twitter Twitter Yield Curve The central banks need to downplay inflation, under-report it to justify their policies of the last five years...


Phoenix Capital Research's picture

Japan is Dropping Hints of a Potential Exit Strategy

Bank of Japan Japan Reuters Stagflation Yen Weak GDP growth with major currency devaluation? This is called stagflation. And it’s causing the Bank of Japan some doubt.  


Pivotfarm's picture

Thailand and Qatar: Human Trafficking

Iran Newspaper North Korea Saudi Arabia The annual human trafficking report has just been published by the US State Department in the Trafficking in Persons (TiP) report.


Tim Knight from Slope of Hope's picture

Palo Alto Transformed

Commercial Real Estate ETC Housing Bubble Market Crash Real estate Slope of Hope When all the dust settles, Palo Alto is definitely going to look a lot more modern than it did when I first moved here. All I can say, though, is that when the current bubble finally bursts, whether it's next month or next decade, there are going to be an awfully lot of expensive, empty, class A office buildings situated around town, holding nothing but the memories of ping-pong games past.


Marc To Market's picture

Momentous EU Summit This Week

Eastern Europe European Union France Germany Italy An overview of the chess game being played out in Europe. 


GoldCore's picture

Germany Still Wants Gold Back – Repatriation Campaign Continues

B+ Central Banks Federal Reserve France Germany Iraq LIBOR Moving Averages Reuters Transparency Ukraine Bloomberg reported yesterday that the German campaign to repatriate German gold from the U.S. has ended. The leader of the German gold repatriation movement, “Repatriate our Gold,” Peter Boehringer immediately refuted the article and posted in the comment section at the bottom of the article … The campaign to achieve a free market in gold and silver prices will continue.


Pivotfarm's picture

The IMF, Lagarde and QE

Budget Deficit Consumer Prices European Central Bank Eurozone Federal Reserve International Monetary Fund Monetary Policy Quantitative Easing recovery Christine Lagarde of the International Monetary Fund has told the European Central Bank that they need to consider Quantitative Easing if inflation continues to remain low, which it will. She stated: “If inflation was to remain stubbornly low, then we would certainly hope that the ECB would take quantitative easing measures by way of purchasing of sovereign bonds”.


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