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First of all, I would like to introduce myself. I am a computer programmer from the Netherlands. I am working on a theory of money and banking derived from the "Natural Economic Order" of Silvio Gesell. "Natural Economic Order" clearly states that the root the economic and monetary...
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http://freemmm.blogspot.com/2008/10/prearranged-bailout.html
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Monetary Evolution: Where are we today? Commerce today is dominated by “electronic” transactions. A business that does not support the use of debit/credit cards will be extremely limiting its customer base and will likely not survive. The emergence of this form of money was the credit card...
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Does anybody know what the Reserve minimum is? How dynamic is it? Where can I find this information on the internet? I am new to the community. I just finished "A case againest the fed" and "What has the goverment done with our money" Frankly I am scared. I have told some coworkers...
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From what I understand money in most of the western countries is backed by nothing but someone's pledge of debt. The more loans and therefore debt is created the more money there is in circulation. No debt = no money. In other words most western countries have a central bank and practice fractional...
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I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...
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Someone slapped me this article when I was trying to explain him that inflation is caused by Money Supply. Now this author is a research fellow in Cato institute and quite recognized in India. Just wanted to know the response of you guys. Do you really think that Inflation being solely caused by money...
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See Rothbard's What Has Government Done to Our Money . When a regular person buys a government bond, that person is spending money they had to have somehow received beforehand from someone else. That is, it must have been money that was already in circulation. When the Federal Reserve buys government...
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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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This is a new intiative by the FED: "These arrangements will now provide dollars in amounts of up to $30 billion and $6 billion to the ECB and the SNB respectively," the Fed said, extending the term of these swap lines through Sept. 30. Can someone elaborate on this for me? Will this make a...