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Archive for currency

6 Charts Which Prove That Central Banks All Over The Globe Are Recklessly Printing Money

If the U.S. dollar is being devalued so rapidly, then why does it sometimes increase in value against other global currencies?  Well, it is because »»

New IMF Report: The U.S. Dollar Needs To Be Replaced As The World Reserve Currency And SDRs “Could Constitute An Embryo Of Global Currency”

The IMF is trying to move the world away from the U.S. dollar and towards a global currency once again. In a new report »»

The Empire is in Charge, the Colonies Obey

After the Second World War, when Allied forces were victorious, the U.S. government tried to take advantage of its military victory. It integrated the United »»

Pretending We Are Not in a Depression

I’m going to write today about a very somber subject.  It will be, as it usually is here in one form or another, about math.

First, »»

Dollar loses reserve status to yen & euro

Ben Bernanke’s dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can »»

Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation

“100% sure” that the inflation rate will soar

A prominent PhD economist has warned that The US economy will be subject to rampant “hyperinflation” »»

European Central Bank resists rush to print money

FRANKFURT: At the European Central Bank, being a maverick means holding steady as others bow to the prevailing winds.

With its peers in the »»