Tuesday, Feb. 28th, 2012 – With all of the financial uncertainty in the world, it is understandable that people feel victimized by circumstances beyond their control. Yet, there are things in the control of the people. People can still vote with their wallets. That would be the method that confronts the biggest betrayal of public trust, in United States history. The root of the problem is in the system that distributes the currency. If people refused to do business with institutions that practice fractional reserve banking, the tide would turn, immediately. Many people will still pursue east credit and limitless currency leverage. They will get exactly what they bargained for, in the bank failures and market collapses that are coming. If institutions that accept the limitation of being restricted to loaning deposits in equal measure, they should flourish. The debt spiral of fractional reserve banking is a death spiral. No one wants to die, physically, financially or spiritually. Honest weights and measures are security.
Monday, Jan. 23rd, 2012 – With Europe’s other shoe still hanging in the air, Nothing definitive is certain, until Greece either gets a reprieve or or defaults. The stalemate between the rock and the hard place, continues. As has been discussed in many places, by many people in trhe financial world, the possibility of the currency printing presses going into overdrive is still there. That’s the carrot on a stick that keeps the markets coming back for more. When the paper comes out like confetti, government economic statistics won’t mean a thing. The “inflation under control” nonsense will be exposed for the lie that it is. The important necessities in the inflation figures would have to be replaced with manure to make the official figures. The other important statistic to people who live in the real world, employment figures, will have to count deceased people as employed, before the numbers will look good. In the meantime, the world moves on, and may do so without clearing it with those who think they are in control.