Oil analysts and commodity traders watch the price of crude swing down and up, and are trying to figure out when and to what extent…
Central bank
Martin Armstrong summarizes the headway being made to ban cash, and argues that the goal of those pushing a cashless society is to prevent bank runs ……
US citizens constitute 5 percent of the world’s population but consume 24 percent of global energy. On average, one person in the US consumes as much…
The war on cash is escalating. As Mises’ Jo Salerno reports, the latest combatant to join the fray is JP Morgan Chase, the largest bank…
The war on cash is escalating. Just a week ago, the infamous Willem Buiter, along with Ken Rogoff, voiced their support for a restriction (or ban altogether)…
The annual spring meetings of the International Monetary Fund and World Bank held in Washington over the weekend comprised the treasurers and central bankers, together…
The stock market is rigged. When I started making that claim years ago — and provided solid evidence — people scoffed. Some called it a…
It wouldn’t be a first, but it would certainly be a – bigger – shock. That is to say, the Bank of England hijacked the…
Part of America's advantage over other economies historically has been the pace at which it both creates and destroys jobs. As they face slowing prospects or…
As first reported by Forbes, the International Monetary Fund (IMF) dropped a bomb in its October Fiscal Monitor Report. The report paints a dire picture for…
Greek ministers are spending this weekend, almost five grinding years since Athens was first bailed out, wrangling over the details of the spending cuts and…
After last week’s air tragedy, maybe a poor thought process but please stay with me. Would you ever get on an airplane if there was no pilot? …