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LinkedInHere's an interesting petition being reported by Zero Hedge, just now brought to my attention by a reader of this site. I thought I would pass it along... the reasons for doing so are, well, obvious: White House Petition To Publicly Assay And Validate The US Treasury's 8,100 Tons Of Gold … [Read more...]
THE IMF’s “NEW”(OLD) PLAN: DEBT-FREE GOVERNMENT-ISSUED MONEY
November 12, 2012 By
In case you missed it, the IMF (International Monetary Fund), that wondrous shill of US foreign policy and financial imperialism, has a "new" plan that, on examination, is really a very old one: IMF's epic plan to conjure away debt and dethrone bankers Now, at one level, this would appear to be nothing but a scheme to return to the system as obtained originally in the thirteen American colonies, where each colony issued its own colonial paper scrip until the Bank of England stepped in and shut that down. So, on paper, the scheme looks good. But let's stop and consider: do we really … [Read more...]
ROBOTRADING: A DEBATE THAT IS NEEDED, AND SOME SPECULATIONS: PART ONE
August 7, 2012 By
Over the past few weeks I have been blogging and suggesting in videos (particularly in the members' area here), that we need to have a deeply rooted cultural discussion on some of the core "memes" informing our society and civilization, and among those memes, I have been suggesting in various blogs and books, is money, who it represents, and what it represents. Concomitant with this discussion, I believe we must have a discussion on our markets, and on the desirability and necessity of computer-driven algorithmic trading, a discussion rendered all the more urgent, I believe, by the recent … [Read more...]
GERMANY AGAIN: ANTI-KEYNES, PRO-MIDDLE CLASS
April 12, 2012 By
Yesterday I blogged about the German point of view during the European economic woes, and I'd like to follow yesterday's reference to articles appearing in the Christian Science Monitor with another one: European debt crisis: Germany's fight against Keynes There are again some paragraphs here that deserve closer attention: "Twenty years ago, the German people reluctantly sacrificed the Deutsche mark for the euro, even as then-Chancellor Helmut Kohl championed it as a step toward European unity. To reassure domestic skeptics, Germany insisted that the European Central Bank be sited in … [Read more...]
ECONOMICS, PHYSICS, AND THE RECENT FINANCIAL MELTDOWN
April 7, 2012 By
Readers of my books, and in particular, Babylon's Banksters, will know of my fascination for the field of "econophysics," the field of economics as modeled by physicists who entered that discipline ca. the early 1980s, using their techniques of modeling in quantum mechanics and applying them to economic systems. IN my researches over the years, one of the things that has repeatedly stuck out like a sore thumb to me in reading ancient texts and studying ancient monuments from the point of view of an engineer or physicist (and I am neither by the way), is the persistent presence in those texts … [Read more...]