Historically, a currency war involves competitive devaluations by countries seeking to lower their cost structures, increase exports, create jobs and give their economies a boost at the expense of trading partners. This is not the only possible course for a currency war. There is a far more insidious scenario in which currencies are used as weapons […]
While the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in recession, the amount of stuff that is imported and exported around the world goes down. It is just economics. Governments have become very adept at manipulating other measures […]
Historically, a currency war involves competitive devaluations by countries seeking to lower their cost structures, increase exports, create jobs and give their economies a boost at the expense of trading partners. This is not the only possible course for a currency war. There is a far more insidious scenario in which currencies are used as weapons […]
Bankers Arithmetic $430- $658 ($326 + $332) = $882 – – – – This is called “banker’s arithmetic”! You must be from the old school of thought where 2 + 2= 4, because many people will get a strange idea of arithmetic, from the way bankers do it. It is a real question. How in […]
The American Century The Rockefeller group of international oil companies and its associated banks emerged from the Second World War in a position of enormously increased power. At the apex of this power stood the 5 Rockefeller brothers. Because the New York Federal Reserve Bank had accumulated the bulk of the world’s official gold reserves […]
The Role of Gold In order to understand the central role of gold in the central banks of the 19th century, let us look at the mechanism that gold played in boosting the power of a group of Jewish financiers, mainly in Britain and France. When a central bank has gold worth $1000, then it […]
The Beginning The present financial system, while recognizing private ownership, is based largely on interest. Money is a most fundamental tester of human character. Money will expose most people very deeply. All this is well known, but less well known is the process by which this power of money has been brought under the absolute […]
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