Sunday, November 30, 2008

Academia's War Against Free Market Money - Lew Rockwell

Academia's War Against Free Market Money - Lew Rockwell
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Academia's War Against Free Market Money
Lew Rockwell, CA - 2 hours ago
Thus, Western state capitalism, funded by fiat money through fractional reserve banks, will at long last achieve what socialist economies achieved first: ...


Citigroup: Where's the Comprehensive Solution? - Seeking Alpha
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Citigroup: Where's the Comprehensive Solution?
Seeking Alpha, NY - Nov 24, 2008
However, the crisis at Citi highlights a number of other issues endemic to fractional reserve banking and panics that should have been addressed much ...
The FDIC's fascist ruse WEBCommentary
Citigroup: Another Ad Hoc Bailout Seeking Alpha
all 3,175 news articles


"Oops, We Meant $7 TRILLION!" What Hank and Ben Are Up to and How ... - OpEdNews
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"Oops, We Meant $7 TRILLION!" What Hank and Ben Are Up to and How ...
OpEdNews, PA - 6 hours ago
Ten to one is the reserve requirement established by the Federal Reserve for private bank lending under the "fractional reserve" system. ...


Fraud Is the Root of Fractional Reserve Banking, Part II - Nolan Chart LLC
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Fraud Is the Root of Fractional Reserve Banking, Part II
Nolan Chart LLC, VA - Nov 19, 2008
Now that we've established the fraudulent root of banking, let's see how it turns into fractional reserve banking and extends the fraud. by Walt Thiessen In ...


Fractional Reserve Banking Is Indeed Fraudulent - Lew Rockwell
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Fractional Reserve Banking Is Indeed Fraudulent
Lew Rockwell, CA - Nov 16, 2008
by Laura Davidson by Laura Davidson In response to Walter Block's online discussion with Bryan Caplan regarding fractional reserve banking (FRB), ...


How Lincoln Might Fix Our Economic Mess - History News Network
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How Lincoln Might Fix Our Economic Mess
History News Network, WA - 1 hour ago
Grab an Econ 101 textbook and look up “fractional reserve banking.” Americans in general know absolutely nothing of this; even presidents have been in the ...


Posner vs. Block - Lew Rockwell
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Posner vs. Block
Lew Rockwell, CA - Nov 28, 2008
If you admit that either or both are improper in a libertarian legal regime, then you can no longer support fractional reserve banking (frb) on the ground ...


The Great Fractional Reserve Banking Scam - Contrarian Profits
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The Great Fractional Reserve Banking Scam
Contrarian Profits, Argentina - Nov 28, 2008
We are all being deceived by the nature of our banking system, says Matthew Collins. Fractional reserve banking is corrupt. And with the Fed at the heart of ...

"Oops, We Meant $7 TRILLION!" What Hank and Ben Are Up to and How ... - OpEdNews

"Oops, We Meant $7 TRILLION!" What Hank and Ben Are Up to and How ... - OpEdNews
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"Oops, We Meant $7 TRILLION!" What Hank and Ben Are Up to and How ...
OpEdNews, PA - 6 hours ago
Ten to one is the reserve requirement established by the Federal Reserve for private bank lending under the "fractional reserve" system. ...


Posner vs. Block - Lew Rockwell
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Posner vs. Block
Lew Rockwell, CA - Nov 28, 2008
If you admit that either or both are improper in a libertarian legal regime, then you can no longer support fractional reserve banking (frb) on the ground ...


Citigroup: Where's the Comprehensive Solution? - Seeking Alpha
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ABC News
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Citigroup: Where's the Comprehensive Solution?
Seeking Alpha, NY - Nov 24, 2008
However, the crisis at Citi highlights a number of other issues endemic to fractional reserve banking and panics that should have been addressed much ...
The FDIC's fascist ruse WEBCommentary
Citigroup: Another Ad Hoc Bailout Seeking Alpha
all 3,175 news articles


Fractional Reserve Banking Is Indeed Fraudulent - Lew Rockwell
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Fractional Reserve Banking Is Indeed Fraudulent
Lew Rockwell, CA - Nov 16, 2008
by Laura Davidson by Laura Davidson In response to Walter Block's online discussion with Bryan Caplan regarding fractional reserve banking (FRB), ...


Fraud Is the Root of Fractional Reserve Banking, Part II - Nolan Chart LLC
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Fraud Is the Root of Fractional Reserve Banking, Part II
Nolan Chart LLC, VA - Nov 19, 2008
Now that we've established the fraudulent root of banking, let's see how it turns into fractional reserve banking and extends the fraud. by Walt Thiessen In ...


Running for governor of Georgia - American Chronicle
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Running for governor of Georgia
American Chronicle, CA - Nov 29, 2008
Central banking has no place in a free market, and fractional-reserve banking is a threat to prosperity and liberty. Rather than doing the right thing by ...


How Lincoln Might Fix Our Economic Mess - History News Network
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How Lincoln Might Fix Our Economic Mess
History News Network, WA - 1 hour ago
Grab an Econ 101 textbook and look up “fractional reserve banking.” Americans in general know absolutely nothing of this; even presidents have been in the ...


Academia's War Against Free Market Money - Lew Rockwell
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Academia's War Against Free Market Money
Lew Rockwell, CA - 2 hours ago
Thus, Western state capitalism, funded by fiat money through fractional reserve banks, will at long last achieve what socialist economies achieved first: ...


All of the buzzwords in one post: quantitative easing, inflation ... - RGE Monitor
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All of the buzzwords in one post: quantitative easing, inflation ...
RGE Monitor, NY - 12 hours ago
Money is a function of two things The money multiplier, or how quickly the base switches hands in a fractional reserve banking system (for a discussion of ...


The Great Fractional Reserve Banking Scam - Contrarian Profits
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The Great Fractional Reserve Banking Scam
Contrarian Profits, Argentina - Nov 28, 2008
We are all being deceived by the nature of our banking system, says Matthew Collins. Fractional reserve banking is corrupt. And with the Fed at the heart of ...

The Voodooest Economics of Them All - Reason.com

The Voodooest Economics of Them All - Reason.com
If you've successfully managed to keep your breakfast down for this long, don't read this Bloomberg News analysis of the bailout extravaganza. Your lead paragraph: The U.S. government is prepared to lend more than $7.4 trillion on behalf of American

Harper urged to take quick, decisive measures - Globe and Mail
Exactly. The sooner the better. And for the part of the budget ear-marked for Québec, please spend it directly in Montréal ! (If you don't, it will just end up building chalets in the Laurentians, and that's not where it's needed.) Armins copy of

Citigroup: Where's the Comprehensive Solution? - Seekingalpha.com
Citigroup ( C ) is in serious trouble. The storied institution with $2 trillion in assets has seen its shares collapse and its reputation is in tatters as it goes cap in hand to the U.S. government for a bailout. Indeed, a solution must be found as

Free-market Thinkers - New American
With bailouts and other unabashed socialist projects being embraced by both political parties to "save our economy," has free-market economics been proved faulty? In the bailout-a-week political climate, it is all too easy to believe that free-market

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank

onmouseover="return window.status='http://www.kitco.com/ind/Taylor/nov032008.html'" onmouseout="window.status=''" href="http://www.kitco.com/ind/Taylor/nov032008.html">What Better to Own Than Gold?

What Better to Own Than Gold?
Gold has performed poorly of late. There is no denying that.

Minister of Finance views abyss
Last November, I introduced in this space my Prime Minister of Finance, who has repeatedly warned of financial crisis. Our current troubles may differ in some details from the minister's predictions, but he was surely right that trouble was brewing.

South Africa: Replace a House of Cards With Something Solid
THE past few weeks have seen citizens of Europe and the US grapple with numbers that seem Zimbabwe-like in nature. Exactly how many zeros does $700bn have? What would 1-trillion look like stacked up?

Ottawa to buy $50B in mortgages, hopes to spur loans
The federal government is purchasing another $50 billion in residential mortgages to further stabilize the lending industry and encourage lower interest rates.

Strong dollar, stamina in doubt
The US dollar as measured against six major world currencies has appreciated about 19% during the past three months through end-October.

Catastrophe averted?
The leaders of the rich countries went to Washington to save the world from sliding into deep recession. We asked key politicians, commentators and economists whether they succeeded and what we should expect, and hope for, in the coming weeks

Doha Declaration calls for more robust frameworks
11 November 2008 The Third Annual Conference of Hawkamah - the Institute of Corporate Governance - yesterday issued the Doha Declaration on its concluding day, calling for the implementation of more robust corporate governance frameworks to maintain the stability of the region's financial system in the face of the global financial crisis.

Producer Prices Plunge
If anyone doubts that there was a sea change in overall economic conditions from the summer, one only has to look at the recently released report on producer prices.

The Crack-Up Boom, Part XII
As the G7 banking systems continue their plunge into the abyss, so do the worlds economies. Public servants, governments and central banks are firing every policy option they have to keep the confidence of consumers and business from collapsing.

Top Scoops
I've been uplinked and downloaded. I've been inputted and outsourced. I know the upside of downsizing; I know the downside of upgrading. I'm a high-tech lowlife. A cutting-edge, state-of-the-art, bicoastal multi-tasker, and I can give you a gigabyte in a nanosecond.

The Hyper-Inflationary Trigger - Nolanchart.com

The Hyper-Inflationary Trigger - Nolanchart.com
In a fiat monetary system, there will always be a balancing act between inflation and deflation since the money must be manipulated by the central banking system. It is however, very rare for a fiat system to suffer from deflation because of the very

Can the World Wait? - OpEdNews.com
“America has believed that in differentiation, not in uniformity, lies the path of progress; it has advanced human happiness, and it has prospered.” –Louis D. Brandeis Success at the World Can’t Wait (WCW) National Meeting this weekend rested

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank

This is no 1929 - Globe and Mail
Gord Gilmour from Winnipeg, Canada writes: With respect to Mr. Roberge, I'm sure there were a lot of people in 1930 telling folks this was no Long Depression or Panic of 1873. The bottom line is, nobody knows. I grow weary of all these people who

Citigroup: Where's the Comprehensive Solution? - Seekingalpha.com
Citigroup ( C ) is in serious trouble. The storied institution with $2 trillion in assets has seen its shares collapse and its reputation is in tatters as it goes cap in hand to the U.S. government for a bailout. Indeed, a solution must be found as

fractional reserve banking Definition

fractional reserve banking Definition
fractional reserve banking - definition of fractional reserve banking - A banking system in which only a fraction of the total deposits managed by a bank must be kept in reserve.

Hugh Hendry advocates abolishing fractional-reserve banking? | Last
The weblog of Christiaan Briggs This was hedge fund manager Hugh Hendry on Dispatches tonight. Is he really advocating the abolishment of fractional-reserve banking, a system

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank

The Voodooest Economics of Them All - Reason.com
If you've successfully managed to keep your breakfast down for this long, don't read this Bloomberg News analysis of the bailout extravaganza. Your lead paragraph: The U.S. government is prepared to lend more than $7.4 trillion on behalf of American

The Hyper-Inflationary Trigger - Nolanchart.com
In a fiat monetary system, there will always be a balancing act between inflation and deflation since the money must be manipulated by the central banking system. It is however, very rare for a fiat system to suffer from deflation because of the very

Posner vs. Block - Lewrockwell.com
More on fractional reserve banking. Walter Block posts a response to my earlier post . He still says that borrowing money from a depositor is like selling a "square circle": it is a "logical contradiction." It’s not, as long as the contract right

Citigroup: Where's the Comprehensive Solution? - Seekingalpha.com
Citigroup ( C ) is in serious trouble. The storied institution with $2 trillion in assets has seen its shares collapse and its reputation is in tatters as it goes cap in hand to the U.S. government for a bailout. Indeed, a solution must be found as

Harper urged to take quick, decisive measures - Globe and Mail
Exactly. The sooner the better. And for the part of the budget ear-marked for Québec, please spend it directly in Montréal ! (If you don't, it will just end up building chalets in the Laurentians, and that's not where it's needed.) Armins copy of

Can the World Wait? - OpEdNews.com
“America has believed that in differentiation, not in uniformity, lies the path of progress; it has advanced human happiness, and it has prospered.” –Louis D. Brandeis Success at the World Can’t Wait (WCW) National Meeting this weekend rested

Fraud Is the Root of Fractional Reserve Banking, Part II - Nolan Chart LLC

Fraud Is the Root of Fractional Reserve Banking, Part II - Nolan Chart LLC
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Fraud Is the Root of Fractional Reserve Banking, Part II
Nolan Chart LLC, VA - Nov 19, 2008
Now that we've established the fraudulent root of banking, let's see how it turns into fractional reserve banking and extends the fraud. by Walt Thiessen In ...


Fractional Reserve Banking Is Indeed Fraudulent - Lew Rockwell
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Fractional Reserve Banking Is Indeed Fraudulent
Lew Rockwell, CA - Nov 16, 2008
by Laura Davidson by Laura Davidson In response to Walter Block's online discussion with Bryan Caplan regarding fractional reserve banking (FRB), ...


This golden rule restores our faith in money - Worcester Telegram
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This golden rule restores our faith in money
Worcester Telegram, MA - 23 hours ago
Yet, had it kept enough in reserve to handle this contingency, no bankruptcy would have resulted. The fractional reserve system of banking allows banks to ...


Posner vs. Block - Lew Rockwell
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Posner vs. Block
Lew Rockwell, CA - Nov 28, 2008
If you admit that either or both are improper in a libertarian legal regime, then you can no longer support fractional reserve banking (frb) on the ground ...


The Great Fractional Reserve Banking Scam - Contrarian Profits
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The Great Fractional Reserve Banking Scam
Contrarian Profits, Argentina - Nov 28, 2008
We are all being deceived by the nature of our banking system, says Matthew Collins. Fractional reserve banking is corrupt. And with the Fed at the heart of ...


Is Fractional Reserve Banking Fraudulent? - Lew Rockwell
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Is Fractional Reserve Banking Fraudulent?
Lew Rockwell, CA - Nov 5, 2008
Eric Posner comments on the Block-Caplan debate on fractional reserve banking, which can be found here. I ran across this odd debate between Bryan Caplan ...


The Hyper-Inflationary Trigger - Nolan Chart LLC
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The Hyper-Inflationary Trigger
Nolan Chart LLC, VA - Nov 26, 2008
The FED is churning out liquidity in record amounts, primarily in the form of direct infusions instead of the routine fractional reserve system. ...


Running for governor of Georgia - American Chronicle
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Running for governor of Georgia
American Chronicle, CA - 6 hours ago
Central banking has no place in a free market, and fractional-reserve banking is a threat to prosperity and liberty. Rather than doing the right thing by ...


The FDIC's fascist ruse - WEBCommentary
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ABC News
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The FDIC's fascist ruse
WEBCommentary - Nov 26, 2008
Could you imagine being able to run a ponzi scheme (eg, fractional-reserve banking), knowing that when your insolvency is exposed, the government would pay ...
Citigroup: Where's the Comprehensive Solution? Seeking Alpha
Citigroup: Another Ad Hoc Bailout Seeking Alpha
all 2,996 news articles

Posner vs. Block - Lewrockwell.com

Posner vs. Block - Lewrockwell.com
More on fractional reserve banking. Walter Block posts a response to my earlier post . He still says that borrowing money from a depositor is like selling a "square circle": it is a "logical contradiction." It’s not, as long as the contract right

Harper urged to take quick, decisive measures - Globe and Mail
Exactly. The sooner the better. And for the part of the budget ear-marked for Québec, please spend it directly in Montréal ! (If you don't, it will just end up building chalets in the Laurentians, and that's not where it's needed.) Armins copy of

Citigroup: Another Ad Hoc Bailout - Seekingalpha.com
It looks like we have a solution to Citi’s ( C ) crisis. The U.S. government agreed to bailout Citigroup, backing $306 billion of debt in exchange for preferred equity and warrants plus a host of other details I will enumerate below. On the whole

The Hyper-Inflationary Trigger - Nolanchart.com
In a fiat monetary system, there will always be a balancing act between inflation and deflation since the money must be manipulated by the central banking system. It is however, very rare for a fiat system to suffer from deflation because of the very

Citigroup: Where's the Comprehensive Solution? - Seekingalpha.com
Citigroup ( C ) is in serious trouble. The storied institution with $2 trillion in assets has seen its shares collapse and its reputation is in tatters as it goes cap in hand to the U.S. government for a bailout. Indeed, a solution must be found as

This is no 1929 - Globe and Mail
Gord Gilmour from Winnipeg, Canada writes: With respect to Mr. Roberge, I'm sure there were a lot of people in 1930 telling folks this was no Long Depression or Panic of 1873. The bottom line is, nobody knows. I grow weary of all these people who

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank

Saturday, November 29, 2008

onmouseover="return window.status='http://www.guardian.co.uk/commentisfree/2008/nov/07/interestratescut'" onmouseout="window.status=''" href="http://www.guardian.co.uk/commentisfree/2008/nov/07/interestratescut">Edward Harrison: The unkindest cut

Edward Harrison: The unkindest cut
Ed Harrison: Cutting interest rates was a mistake. Easy money got us into this state and it cannot possibly be what will rescue us

Producer Prices Plunge
If anyone doubts that there was a sea change in overall economic conditions from the summer, one only has to look at the recently released report on producer prices.

Doha Declaration calls for more robust frameworks
11 November 2008 The Third Annual Conference of Hawkamah - the Institute of Corporate Governance - yesterday issued the Doha Declaration on its concluding day, calling for the implementation of more robust corporate governance frameworks to maintain the stability of the region's financial system in the face of the global financial crisis.

FRB: Monetary Policy, Reserve Requirements

FRB: Monetary Policy, Reserve Requirements
Required reserves must be held in the form of vault cash and, if vault cash is insufficient, also in the form of a deposit maintained with a Federal Reserve Bank.

fractional-reserve banking: Definition from Answers.com
Reserve Ratio The portion (expressed as a percent) of depositors' balances banks must have on hand as cash

The Hyper-Inflationary Trigger - Nolanchart.com

The Hyper-Inflationary Trigger - Nolanchart.com
In a fiat monetary system, there will always be a balancing act between inflation and deflation since the money must be manipulated by the central banking system. It is however, very rare for a fiat system to suffer from deflation because of the very

Citigroup: Where's the Comprehensive Solution? - Seekingalpha.com
Citigroup ( C ) is in serious trouble. The storied institution with $2 trillion in assets has seen its shares collapse and its reputation is in tatters as it goes cap in hand to the U.S. government for a bailout. Indeed, a solution must be found as

This is no 1929 - Globe and Mail
Gord Gilmour from Winnipeg, Canada writes: With respect to Mr. Roberge, I'm sure there were a lot of people in 1930 telling folks this was no Long Depression or Panic of 1873. The bottom line is, nobody knows. I grow weary of all these people who

Posner vs. Block - Lewrockwell.com
More on fractional reserve banking. Walter Block posts a response to my earlier post . He still says that borrowing money from a depositor is like selling a "square circle": it is a "logical contradiction." It’s not, as long as the contract right

Heroic Anti-Fed Rallies - Lewrockwell.com
Ron Paulians held 39 End the Fed rallies all across the country yesterday, in a volunteer moment reminiscent of the campaign's glory days. Where else would you see masses of handsome homemade signs noting that fractional-reserve banking is fraudulent

The Grand Illusion of Global Liquidity, Part 2 - MSN MoneyCentral
An accepted article of economic faith is that failure of economic co-operation, resurgent nationalism and trade protectionism (for example, the Hawley-Smoot Act) contributed to the global financial crisis of the 1930s. The slowdown in central bank

Citigroup: Another Ad Hoc Bailout - Seekingalpha.com
It looks like we have a solution to Citi’s ( C ) crisis. The U.S. government agreed to bailout Citigroup, backing $306 billion of debt in exchange for preferred equity and warrants plus a host of other details I will enumerate below. On the whole

Creating money out of thin air - OpEdNews.com
A: Yes, that is the most efficient way to make money. In Fact -- it is the only way to create money. That money-creation system is probably the greatest invention ever made -- it leads to the efficient creation of wealth of all kinds -- including

The Voodooest Economics of Them All - Reason.com
If you've successfully managed to keep your breakfast down for this long, don't read this Bloomberg News analysis of the bailout extravaganza. Your lead paragraph: The U.S. government is prepared to lend more than $7.4 trillion on behalf of American

Harper urged to take quick, decisive measures - Globe and Mail
Exactly. The sooner the better. And for the part of the budget ear-marked for Québec, please spend it directly in Montréal ! (If you don't, it will just end up building chalets in the Laurentians, and that's not where it's needed.) Armins copy of

onmouseover="return window.status='http://biz.yahoo.com/prnews/081113/3784078en_public.html?.v=1'" onmouseout="window.status=''" href="http://biz.yahoo.com/prnews/081113/3784078en_public.html?.v=1">Banco Itau Holding Financeira S/A Announcement

Banco Itau Holding Financeira S/A Announcement
Itausa - Investimentos Itau S.A. , Banco Itau Holding Financeira S.A. , Unibanco Holdings S.A. and Unibanco - Uniao de Bancos Brasileiros S.A. , in compliance with paragraph 4 of Article 157 of Federal Statute 6404/76 and with Rules 358/2002 and 319/1999 of the Brazilian Securities and Exchange Commission , and in addition to the press release of November 3rd, 2008, hereby inform the following:

Westpac joins rate cut war
WESTPAC has cut its home loan rates by 65 basis points, after the Reserve Bank yesterday cut the official interest rate by 0.75 percentage points to 5.25 per cent.

Monetary Reform: Gold and Bills Of Exchange
Free source for precious metals information and financial truth. Offering a range of information such as latest news from around the world, commentary, market updates, stock reports, coin information, quotes, forums plus much more!

Exploding Debt Dynamics, Part II: The Golden Supernova
What do avalanches, black holes and supernovas have in common with the fate of the dollar and gold?

Monetary policy toward banks needs reworking
When you write an economics working paper, you don't usually have to field telephone calls from network TV morning shows. You won't be gaining weight from Green Room goodies. And you won't have to endure the reproachful looks at the cleaner's because of the makeup stains on your collar.

Some weeks ago, in an editorial about the financial crisis in the main section of this paper, a writer commented
approvingly that: "Our currencies are no longer tied to gold, which means central banks can act to mitigate monetary deflation and interrupt the deadly feedback loop of mounting defaults, declining real wages and prices and increasingly onerous dollar-denominated debt. ...

Crisis Cogitations
Everyone must be wondering where this unprecedented global financial crisis, (the World Banks words), is heading. What follows, for what they are worth, are my cogitations on this crisis.

Ottawa to buy $50B in mortgages, hopes to spur loans
The federal government is purchasing another $50 billion in residential mortgages to further stabilize the lending industry and encourage lower interest rates.

A deficit might be the most decisive thing
The current word games and debates about whether the Government will have the courage to plunge into the red are rather misleading, writes Bernard Keane .

The Crack-Up Boom, Part XII
As the G7 banking systems continue their plunge into the abyss, so do the worlds economies. Public servants, governments and central banks are firing every policy option they have to keep the confidence of consumers and business from collapsing.

Fraud Is the Root of Fractional Reserve Banking, Part II - Nolan Chart LLC

Fraud Is the Root of Fractional Reserve Banking, Part II - Nolan Chart LLC
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Fraud Is the Root of Fractional Reserve Banking, Part II
Nolan Chart LLC, VA - Nov 19, 2008
Now that we've established the fraudulent root of banking, let's see how it turns into fractional reserve banking and extends the fraud. by Walt Thiessen In ...


Fractional Reserve Banking Is Indeed Fraudulent - Lew Rockwell
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Fractional Reserve Banking Is Indeed Fraudulent
Lew Rockwell, CA - Nov 16, 2008
by Laura Davidson by Laura Davidson In response to Walter Block's online discussion with Bryan Caplan regarding fractional reserve banking (FRB), ...

onmouseover="return window.status='http://dealbook.blogs.nytimes.com/2008/10/31/banks-owe-executives-billions-in-compensation-report-says/'" onmouseout="window.status=''" href="http://dealbook.blogs.nytimes.com/2008/10/31/banks-owe-executives-billions-in-compensation-report-says/">Banks Owe Executives Billions In Compensation, Report Says

Banks Owe Executives Billions In Compensation, Report Says
Troubled financial giants getting cash infusions from the U.S. Federal Reserve owe their executives more than $40 billion for past years pay and pensions as of the end of 2007, according to The Wall Street Journals calculations.

Friday, November 28, 2008

The Hyper-Inflationary Trigger - Nolanchart.com

The Hyper-Inflationary Trigger - Nolanchart.com
In a fiat monetary system, there will always be a balancing act between inflation and deflation since the money must be manipulated by the central banking system. It is however, very rare for a fiat system to suffer from deflation because of the very

onmouseover="return window.status='http://biz.yahoo.com/prnews/081113/clth044.html?.v=101'" onmouseout="window.status=''" href="http://biz.yahoo.com/prnews/081113/clth044.html?.v=101">Banco Itau Holding Financeira S/A Announcement

Banco Itau Holding Financeira S/A Announcement
Itausa - Investimentos Itau S.A. , Banco Itau Holding Financeira S.A.

An exercise in myth-busting
The material world exists in the eternal Present. I was going to write: The real material world exists in the eternal Present, but the word real would be superflous, because there cannot exist an unreal material world.

South Africa: Replace a House of Cards With Something Solid
THE past few weeks have seen citizens of Europe and the US grapple with numbers that seem Zimbabwe-like in nature. Exactly how many zeros does $700bn have? What would 1-trillion look like stacked up?

Edward Harrison: The unkindest cut
Ed Harrison: Cutting interest rates was a mistake. Easy money got us into this state and it cannot possibly be what will rescue us

The Great Fractional Reserve Banking Scam - Contrarian Profits

The Great Fractional Reserve Banking Scam - Contrarian Profits
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The Great Fractional Reserve Banking Scam
Contrarian Profits, Argentina - 13 hours ago
We are all being deceived by the nature of our banking system, says Matthew Collins. Fractional reserve banking is corrupt. And with the Fed at the heart of ...


Is Fractional Reserve Banking Fraudulent? - Lew Rockwell
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Is Fractional Reserve Banking Fraudulent?
Lew Rockwell, CA - Nov 5, 2008
Eric Posner comments on the Block-Caplan debate on fractional reserve banking, which can be found here. I ran across this odd debate between Bryan Caplan ...


G-192 rehabilitates the globe - The Guardian - Nigeria
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G-192 rehabilitates the globe
The Guardian - Nigeria, Nigeria - 20 hours ago
... of the many non-reserve currency nations of the developing world were exported, legally and illegally, to the fractional reserve nations of the West. ...


The Hyper-Inflationary Trigger - Nolan Chart LLC
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The Hyper-Inflationary Trigger
Nolan Chart LLC, VA - Nov 26, 2008
The FED is churning out liquidity in record amounts, primarily in the form of direct infusions instead of the routine fractional reserve system. ...


The FDIC's fascist ruse - WEBCommentary
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ABC News
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The FDIC's fascist ruse
WEBCommentary - Nov 26, 2008
Could you imagine being able to run a ponzi scheme (eg, fractional-reserve banking), knowing that when your insolvency is exposed, the government would pay ...
Protecting the Citi US Banker
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Fraud Is the Root of Fractional Reserve Banking, Part II - Nolan Chart LLC
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Fraud Is the Root of Fractional Reserve Banking, Part II
Nolan Chart LLC, VA - Nov 19, 2008
Now that we've established the fraudulent root of banking, let's see how it turns into fractional reserve banking and extends the fraud. by Walt Thiessen In ...


Citigroup: Where's the Comprehensive Solution? - Seeking Alpha
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New York Daily News
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Citigroup: Where's the Comprehensive Solution?
Seeking Alpha, NY - Nov 24, 2008
However, the crisis at Citi highlights a number of other issues endemic to fractional reserve banking and panics that should have been addressed much ...
Citigroup: Another Ad Hoc Bailout Seeking Alpha
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The Money Matrix - How the FED Works (PART 6/15) - Nolan Chart LLC
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The Money Matrix - How the FED Works (PART 6/15)
Nolan Chart LLC, VA - Nov 17, 2008
In this article I will formally define fractional reserve banking and describe how it works. Next I will share how the Federal Reserve controls monetary ...


Mystical Prime Minister of Finance views abyss - Worcester Telegram
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Mystical Prime Minister of Finance views abyss
Worcester Telegram, MA - 16 hours ago
Yet, had they kept enough in reserve to handle this contingency, no bankruptcy would have resulted. The fractional reserve system of banking allows banks to ...


Fractional Reserve Banking Is Indeed Fraudulent - Lew Rockwell
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Fractional Reserve Banking Is Indeed Fraudulent
Lew Rockwell, CA - Nov 16, 2008
by Laura Davidson by Laura Davidson In response to Walter Block's online discussion with Bryan Caplan regarding fractional reserve banking (FRB), ...