Well, if you take the US Supreme Court and representatives of the Federal Reserve System at their own words, the case is pretty clear: the member banks of the Federal Reserve System are private corporations / banks.
Schlagwort: Central Banking
Austrian central bank says gold audit is routine — and secret
The audit of its gold reserves vaulted at the Bank of England that last week was reported being planned by the Austrian central bank has been conducted and was part of a routine series of audits by the bank and its results will not be made public, a bank spokesman said today. The bank spokesman,…
The Double Face of Gold
In the second part of this exclusive video interview, independent financial journalist Lars Schall talked with book author Dimitri Speck about, inter alia: the prime virtues of gold as the antagonist of the fiat money/credit system; the notable central bank arrangement between the US Fed and the Deutsche Bundesbank in 1967 preparing the terrain for…
“It isn’t capitalism that has caused the crisis!”
The financial journalist Lars Schall talked for Matterhorn Asset Management with seasoned investment banker and renowned economist Prof Thorsten Polleit whether the financial system can adjust by itself, whether central banks are needed or not, and whether the gold market is a free market at all. Moreover, Prof Polleit gives his answer to the question:…
Money lies disguise banking truths
Economist Norbert Haering, discussing “the veil of deception over money“, argues that closely limited and clearly specified interests distort deliberately the true nature of banking. The vast majority of money in circulation, he says, isn’t issued by central banks but by private financial institutions.
“Gold Gives You Extremely Important Signals”
David P. Goldman / Spengler, “the world’s most brilliant intelligence service,” discusses in this exclusive interview some of his thoughts on various aspects related to gold. Inter alia, he explains why he supports a commodity price rule for monetary policy that is connected to the yellow metal.
Ted Truman Talks Turkey
Yesterday I have published some answers that I received from Edwin M. Truman related to international gold politics. Here’s a reply from the Canadian financial analyst Rob Kirby.