Regular Greeks are increasingly taking matters into their own hands, creating informal underground barter markets and even alternative currencies. And the government is actually encouraging it.
Under cover of its multiplicity of fabricated wars on drugs, terror, tax evasion, and organized crime, the US government has long been waging a hidden war on cash.
Last week, the Tehran Times noted that the Iranian oil bourse will start trading oil in currencies other than the dollar from March 20. This long-planned move is part of President Mahmoud Ahmadinejad’s vision of economic war with the west.
Marc Faber does not mince words. He believes the money printing policies of the Federal Reserve and its sister central banks around the globe have put the world's currencies on an inexorable, accelerating inflationary down slope.
Can you tell what the difference is between these two $1 bills?
If you went to spend them, each would get you a burger off of the dollar menu although there is a major difference between the two.
The bill on the top is based on the Gold Standar
I’ve been having breakfast at Cafe Manolo’s ever since I started coming to Panama, going on ten years now. They make the best ‘batido’ ever… it’s sort of like a milk shake crossed with a fruit smoothie. And it used to be ridiculously cheap. Not anymo
The world has an excess of fiat currency, yet world bankers seem ready to prove that the creation of yet more money will stimulate our economy. The more likely outcome is devalued currencies and a much lower standard of living.
When one gets tired of pandering to one's masters in an effort to effect change that continually results in futility, the time comes (as was the case with John Lennon and his campaign “War is Over”...”if you want it”) to direct the message instead of
For years, technology has increased in scope almost to the point where electronic transactions could one day replace physical cash in selling and purchases, and additionally, the agenda and policies to force Americans to that new paradigm are current
HB 2731 was dropped this week by Rep. Cary Condotta, Rep. Matt Shea, and Rep. Overstreet to legalize gold and silver as legal tender in WA St. as directed by the US Constitution.
The Anti-Counterfeiting Trade Agreement (ACTA) is a proposed plurilateral agreement for the purpose of establishing international standards on intellectual property rights enforcement
President Barack Obama is considering naming Larry Summers, his former top economic advisor, as head of the World Bank, Bloomberg reports, citing "two people familiar with the matter."
Summers, a former U.S. Treasury Secretary, Harvard Presiden
The one-cent copper coin was made at the Mint in Philadelphia in 1793, the first year that the U.S. made its own coins. James Halperin of Texas-based Heritage Auctions said the sale was “the most a United States copper coin has ever sold for at aucti
Now is the time to spread the message of sound money and expose the fraudulent acts of the Federal Reserve. If we don’t, we may be that person in 2019 begging for a $20 bill.
We recently received a great question from a reader, Chuck, who asked, “Simon, I’m going to HK in 10 days to open a bank account, and I know there are options to do this in several foreign currencies. What foreign currency would you recommend to hold
Three Swiss bankers were indicted in the United States Tuesday, accused of hiding $1.2 billion in assets of US clients seeking to avoid declaring their full wealth to tax authorities.
The euro zone maelstrom refuses to end. Thanks to the debt crisis, some Greek officials are contemplating dumping the common currency for the drachma. Meanwhile, Italy and Spain teeter.
Since at least 2005, China has been taking the exact steps required to counter the brunt of a global debt collapse; not enough to make it untouchable, but enough that its infrastructure will survive.
Nobody knows what is going to happen in the next year, let alone in the next three years. What follows is the theory behind the European Politicians losing the currency chess game.
China on Wednesday pledged to make its exchange rate more “flexible”, a day after the United States said the yuan was undervalued, though it declined to name Beijing a currency manipulator.
World oil prices sank in volatile year-end deals on Wednesday, as traders took profits and eyed the strong dollar, new concerns over the eurozone debt crisis and fresh equity falls on Wall Street.
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