COMMENT: Armstrong, I have to admit that you are right and I was wrong on fractional reserve banking. Due to the ongoing conflict in what I wanted to believe and...
It is amazing how some people still do not understand. Some of the nasty comments we receive typically talk about gold, arguing that gold is money – nothing else...
A lot of people are jumping on board, claiming the problem is fractional banking and the private creation of money, which is somehow wrong, should be handed to...
COMMENT: Marty, I found your take on matching lenders and borrowers precisely on point. Whilst it sounds innovative, that is precisely what blew up with the...
Banking has existed from the earliest of times and has taken many forms from safe deposit storage, money changers, merchants with the ability to move money...
You can really start to feel 2015.75 coming. This is going to be a harder fall than 2007-2009 for outside the USA we are in a declining mode since 2007, which...
