Fractional reserve banking

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

WHY DO WE HAVE RECURRENT
ECONOMIC BOOMS AND BUSTS?
Source: www.quebecoislibre.org

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

Deflation and Liberty
It is my great pleasure to see this little essay in print. Written and presented more than five years ago, it was welcomed at the time by scholars with a background in Austrian economics. However, it was not understood and was rejected by those who did not have this background.
Source: www.mises.org

Richard Branson says economy is "f****d"
Sir Richard Branson has delivered a characteristically blunt verdict on the state of the economy, describing it as "f****d".
Source: www.timesonline.co.uk

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

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

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

WHY DO WE HAVE RECURRENT
ECONOMIC BOOMS AND BUSTS?
Source: www.quebecoislibre.org

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

Deflation and Liberty
It is my great pleasure to see this little essay in print. Written and presented more than five years ago, it was welcomed at the time by scholars with a background in Austrian economics. However, it was not understood and was rejected by those who did not have this background.
Source: www.mises.org

Richard Branson says economy is "f****d"
Sir Richard Branson has delivered a characteristically blunt verdict on the state of the economy, describing it as "f****d".
Source: www.timesonline.co.uk

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

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

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