Tag Archives: money creation
Plume Economics
Central banking, dishonest money, and big bank bailouts. Earlier this week we referred to these as a trifecta of depravity. We also noted how through the Fed’s mechanism of mass money creation financial assets – overwhelmingly owned by the wealthy … Continue reading
So Long Ben, and Thanks for All the Memories
Outgoing Fed Chair Ben Bernanke took a moment last Friday to bid farewell. With his final speech as Fed Chair, he endeavored to clarify exactly what he’s been up to over the last eight years. Many topics were touched upon; … Continue reading
A Wrong Against the Human Race
Last month brought forth new evidence that not only are things getting better, they’re getting worse too. For instance, borrowing by Spanish banks from the ECB hit a new record in March at 227 billion euros. The banks, in turn, … Continue reading
