By SARTRE 21st Century Wire August 1, 2011 The latest example of political hyperbole is that the U.S. Treasury is ready to default on its debt. An actual examination of the underlying facts is that the relative purchasing value of the currency has long ago swindled debt holder in U.S. Bonds of their promised returns. […]
WHAT’S NEXT: Doing The Global Currency Shuffle
July 18, 2011 By 15,552 Comments
By Brandon Smith Alt Market July 18, 2011 In mainstream financial circles, the concept of a global currency is often spoken of only with an atmosphere of caution. It is approached always in hypothetical terms. It is whispered of as some far off dream; a socio-economic moon landing in the far reaches of fiscal space. […]