Friday, December 26, 2008

Fractional reserve banking

International Forecaster December 2008 (#6) - Gold, Silver, Economy + More
The following are some snippets from the most recent issue of the International Forecaster. For the full 29 page issue, please see subscription information below.
Source: news.goldseek.com

Niall Ferguson's 'The Ascent of Money,' Michael Lewis's 'Panic'
In two new books, a historian and a journalist disagree about the high-stakes gamble that has left our financial system busted.
Source: www.statesman.com

Seekbullion.com Profiled
Federal Reserve Bond Sales? Rumor has it that the Federal Reserve is considering selling bonds. The legality is in question. Leaving that aside, why would the Fed do such a thing? If it did, how would such a thing work? What would be its effects?
Source: news.goldseek.com

The Economics of Destutt de Tracy
Antoine Louis Claude Destutt de Tracy (17541836), a French philosopher and economist, is worthy of attention as a contributor to French liberal thought in the tradition of Condillac.
Source: www.mises.org

Gold Friendly Deflation is Here - Get Used to It! Part III
This is the third in a series of five articles relating to current trends of deflation and how it relates to gold. Today we look at the stated commitment of Fed Chairman Ben Bernanke to print as much money as needed and distribute it by helicopter if need by to avoid deflation.
Source: www.kitco.com

Letters to the Editor
Readers write about whether President-elect Obama can become another FDR and if he can, whether or not he should.
Source: www.csmonitor.com

Pound sinks to record low as euro nears parity
The pound fell to a record low against the euro this morning, nearing parity with sterling as fears about the strength of the British economy gathered pace.
Source: www.timesonline.co.uk

Seekbullion.com Profiled
By: Llewellyn H. Rockwell, Jr. It is a marvelous thing to see the market work, in good times and bad. Just look at the way that marvelous, unplanned barometer of wise resource use the price system has reacted in response to the human reality of economic downturn.
Source: news.goldseek.com

Bag the Fed!
Despite its name, the Federal Reserve System is not owned by the federal government. It is actually a private company of bankers with 12 branches or central banks that expand and contract our money supply as they have doing for nearly 100 years.
Source: onlinejournal.com

International Forecaster December 2008 (#6) - Gold, Silver, Economy + More
The following are some snippets from the most recent issue of the International Forecaster. For the full 29 page issue, please see subscription information below.
Source: news.goldseek.com

Niall Ferguson's 'The Ascent of Money,' Michael Lewis's 'Panic'
In two new books, a historian and a journalist disagree about the high-stakes gamble that has left our financial system busted.
Source: www.statesman.com

Seekbullion.com Profiled
Federal Reserve Bond Sales? Rumor has it that the Federal Reserve is considering selling bonds. The legality is in question. Leaving that aside, why would the Fed do such a thing? If it did, how would such a thing work? What would be its effects?
Source: news.goldseek.com

The Economics of Destutt de Tracy
Antoine Louis Claude Destutt de Tracy (17541836), a French philosopher and economist, is worthy of attention as a contributor to French liberal thought in the tradition of Condillac.
Source: www.mises.org

Gold Friendly Deflation is Here - Get Used to It! Part III
This is the third in a series of five articles relating to current trends of deflation and how it relates to gold. Today we look at the stated commitment of Fed Chairman Ben Bernanke to print as much money as needed and distribute it by helicopter if need by to avoid deflation.
Source: www.kitco.com

Letters to the Editor
Readers write about whether President-elect Obama can become another FDR and if he can, whether or not he should.
Source: www.csmonitor.com

Pound sinks to record low as euro nears parity
The pound fell to a record low against the euro this morning, nearing parity with sterling as fears about the strength of the British economy gathered pace.
Source: www.timesonline.co.uk

Seekbullion.com Profiled
By: Llewellyn H. Rockwell, Jr. It is a marvelous thing to see the market work, in good times and bad. Just look at the way that marvelous, unplanned barometer of wise resource use the price system has reacted in response to the human reality of economic downturn.
Source: news.goldseek.com

Bag the Fed!
Despite its name, the Federal Reserve System is not owned by the federal government. It is actually a private company of bankers with 12 branches or central banks that expand and contract our money supply as they have doing for nearly 100 years.
Source: onlinejournal.com

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