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. […]
FIAT vs METAL: DREAMTIME GOLD, THE EURO AND OTHER NEW MONEYS
July 16, 2011 By 3 Comments
The ECB is technically insolvent, but we won’t hear that on primetime By Andrew McKillop 21st Century Wire July 16, 2011 Once upon a time there was the Eurozone and its all-new hard money, the EURO… It got off to a good start with a monstrously high forced surrender cash-in rate for the national moneys […]
