Gold Repatriation: French National Front Joins Germany and the Netherlands
Zero Hedge reports that Marine LePen of the unexpectedly popular National Front Party in France is now demanding that the French central bank repatriate its gold.
Zero Hedge reports that Marine LePen of the unexpectedly popular National Front Party in France is now demanding that the French central bank repatriate its gold.
There is no use talking about a return to a gold standard until the US has abolished the deficit in the federal budget and kept it balanced for a couple of years.
The Swiss are set to vote on a new initiative requiring the central bank to keep at least 20 percent of its assets in gold." How would such a measure be enacted and how would it affect Switzerland's economy?
The Daily Bell skewers the Swiss banking class for its hostility to the upcoming gold referendum. Still, as the article points out, central bankers are now on the defensive.
Our global system of fiat moneys favors spenders and borrowers over savers.
Our global system of fiat moneys favors spenders and borrowers over savers. Low- and moderate-income households who wish to save for the future are at the greatest disadvantage, and this has led to profound cultural changes over the past century.
It’s hard to walk away from Brendan Brown’s most recent book without a feeling of deep disappointment in modern day central banks. T