-
"Hemos pasamos por varias etapas. Desde la instauración del Sistema de la Reserva Federal de 1913 a 1933, el Banco Central se constituyó como rector oficial del dólar. En 1933, los estadounidenses ya no podían ser propietarios de oro, eliminando así los frenos...
-
Point taken. However I'm not debating the form and makeup of a state, or indeed the virtues of anarchism! What I'm curious about is whether or not the core economic issue is the violent enforcement of a monopoly on currency ( by the state ). Fine, get rid of the FED - let the state control money...
-
@ meambobbo Great post, just curious... So... perhaps what might be ideal is a completely open, free-market competition in actual currency? Gold, silver, paper money (backed 100% by X Y or Z) or e-gold, diamonds, vintage cheeses (joke!) or whatever the free-market innovates and finds most convenient...
-
Por Darryl Robert Schoon. May 12, 2008 Los mercados financieros mundiales se encuentran en “cuidados intensivos” tras la contracción del crédito de agosto de 2007. Se cree que los banqueros centrales están tratando de restablecer los mercados para ayudar a la economía...
-
The Fed is being urged to be more aggressive in controlling future asset bubbles. Fed governor, Frederic Mishkin, gave a speech May 15th suggesting the Fed should use its regulatory powers "aggressively and pro-actively to limit the threat from future asset price bubbles." The Fed could eliminate...
-
La economía no es una ciencia complicada. Tampoco lo es el poder. Darryl Robert Schoon Las depresiones son fenómenos monetarios causados por la emisión excesiva de crédito en el Banco Central. En 1913, el recién creado Banco Central de los EE.UU., la Reserva Federal...
-
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...
-
por Antal E. Fekete * Universidad del Patrón-Oro 25 de marzo de 2008. Hace setenta y cinco años este mes Franklin Delano Roosevelt inauguró su gobierno como Presidente número 32 de los Estados Unidos. Pocos días después de jurar hacer cumplir la Constitución...
-
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...
-
It was Albert Einstein who stated that the definition of insanity is "doing the same thing over and over again and expecting different results." After the FED's cutting of interest rates by three-quarters of a point today , those of us wary toward centralized banking and the socialization...