Government Debt: Not Unfunded Liabilities but Fraudulent Promises
According to Keith Weiner of the Gold Standard Institute USA, the U.S. government reports its debt at more than 17 trillion dollars, often called "unfunded liabilities". To put this sum in perspective,...
View ArticleYour Personal Debt Is Not Entirely Your Fault
When the cost of borrowing is too low, it becomes an irresistible siren song luring people into debt, borrowing becomes too cheap and spending too easy. No wonder that you don’t put 10% of your...
View ArticleThey’re Coming to Take Away Your Cash
They're coming to take away your cash. Not for the sake of control or steal your money, but to protect the banks.
View ArticleKeith Weiner: Inflation Caused the Greek Tragedy
By inflation, I don’t refer to rising consumer prices in Athens. My Greek friends tell me that prices have been steady there in recent years. The focus on prices is the greatest sleight of hand ever...
View ArticleKeith Weiner: Open Letter to Alexis Tsipras
The troika wants you to accept another bailout deal, to service Greek debts a while longer. Since bailouts mean borrowing more, you cannot avoid default in the end. Going deeper into debt is no good...
View ArticleThe Fed and the Cotton Candy Market
For Keith Weiner the Federal Reserve operates like a Cotton Candy Machine for the housing market. It creates a massive bubble, financed with debt. It spins the price of a house, with the help of credit...
View ArticleOffener Brief an Alexis Tsipras
Keith Weiner zeigt, dass Griechenland bankrott gehen wird, egal ob es im Euro bleibt oder auf Dollar oder eine neue Drachme umstellt. Er schlägt eine Umstellung auf gold-denominierte Obligationen vor....
View ArticleThe Big Reversal: Inflation and Higher Interest Rates Are Coming Our Way
This interaction will spark a runaway feedback loop that will smack asset valuations back to pre-bubble, pre-pyramid scheme levels. According to the conventional economic forecast, interest rates will...
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