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.
Posts Tagged ‘ECB’
Money lies disguise banking truths
April 17th, 2013
2 Comments
Posted in Finance | Tags: "The veil of deception over money: how central bankers and textbooks distort the nature of banking and central banking", Banking, Banking System, BRICS, Central Banking, Chicago Plan, Credit, Credit Bubble, Debt, Debt Bubble, Deutsche Bundesbank, ECB, Economics, Euro Crisis, Financial Sector, Financial System, Germany, Gold, Gold Standard, Henry Simons, IMF, INET, Irving Fisher, Jens Weidmann, Michael Kumhof, Money, Money creation, Norbert Haering, NY Fed, Otmar Issing, Post-Autistic Economic movement, Power, Richard Werner, Steve Keen, Trade imbalances, US Federal Reserve, Word Economics Association, World Bank, World Economic Review
„Europe is gradually running out of time and options“
Dezember 23rd, 2012
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Ansgar Belke, former Research Director for International Macroeconomics at the German Institute for Economic Research in Berlin, talks in depth about a paper that he authored for the EU Parliament on using gold as collateral for highly distressed sovereign bonds.
Posted in Finance, Precious Metals | Tags: Ansgar Belke, Bonds, ECB, EFF, EFSF, EMU, ESM, Eurozone, France, German Council of Economic Advisors, Germany, Gold, Gold Reserves, Gold-Backed Bonds, Greece, Ireland, Italy, Portugal, SMP, Spain
“We are quite likely to have a failure on COMEX in the silver market”
Dezember 22nd, 2012
Kommentare deaktiviert für “We are quite likely to have a failure on COMEX in the silver market”
The renowned economist and financial analyst Alasdair Macleod looks back through the rear window of twenty-twelve and comments important events and developments such as “QE to infinity.” Moreover, he gives his expectations for 2013 in general and the gold and silver markets in particular. We know Alasdair as a man with a lot of common […]
Posted in Finance, Precious Metals | Tags: 1971, 2012, Asia, Bonds, Bretton Woods, Central Banking, China, COMEX, Deutsche Bundesbank, ECB, Economics, Euro, Europe, Federal Reserve, Finance, France, Gold, Gold Reserves, India, Iran, Japan, LBMA, LIBOR, NATO, Oil, QE, Russia, SCO, Silver, SWIFT, Turkey, US Banking System, US Dollar, WGC, Yuan
