I have been warning that the governments of the West are in severe trouble. We face the worst economic crisis, perhaps in modern history, with the distinct risk of moving into a state of Economic Totalitarianism. The governments are well aware of the Economic Confidence Model (ECM). Many people have questioned, “Why have they not killed you?” […]

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 internationally, to money lenders. Some people wrongly assume that they can eliminate the business cycle by eliminating fractional banking. They assume that it will be possible to match lenders […]

When Communism fell, there was no private ownership. People ended up owning the place in which they lived for a small fee payable to the government. Suddenly, Eastern Europeans owned property with no debt for the most part. Banks rushed in offering credit cards and mortgages backed by wholly owned property. The banks buried the […]

QUESTION: Hello Martin- Great work and I wish you the best. One question regarding your recent email alerts from your blog in regards to the “money out of thin air” discussion that was/is going on. What is your opinion on how G. Edward Griffen’s book, “The Creature From Jekyll Island”, relates to the discussion on […]

QUESTION: Dear Martin, First I would like to congratulate you on your excellent analysis and market views. I am a bond portfolio manager for 25 years and I can only be shocked by current interest rates, specially in Europe. I have recently cut my long exposure to Bunds and everyone says it’s crazy to be […]

QUESTION: Marty, in your piece about banking are you suggesting that fractional banking is not the issue it is the shift from relationship banking to transactional that is causing the greatest damage? Thanks Bob ANSWER: Absolutely. The difference between a Dark Age and Capitalism is the very fact that banks exist. The Dark Age after […]

Far too often people fail to understand banking and credit merely making superficial judgments that lack any real in-depth understanding of the world financial system. The common assumption is that the greatest curse of mankind is that commercial banks create money through lending and then securitize such loans selling them into the marketplace illustrates the […]

QUESTION: Hello Martin We now have the dilemma of what is real value and what is currency depreciation/appreciation. Take the real estate market in Toronto. The market has been going up every year since 1995. I know because my home has gone up every year except that blip in 2008. Now my question to you is what is […]

A few people have asked what is my source for Prima Noctum since Wikipedia claims it is a myth. Sorry, but Wikipedia is seriously wrong in this department for the problem in their research is the classic error in politics – research not the act but the right. They have concluded it must be a […]

Encyclopedia of Ethical Failure           Department of Defense Office of General Counsel Standards of Conduct Office Updated October 2014                 Contents Introduction………………………………………………………………………………………………………….. 3 Disclaimer……………………………………………………………………………………………………………. 3 Abuse of Position………………………………………………………………………………………………….. 4 Bribery (18 U.S.C. § 201-Type Violations)……………………………………………………………… 11 Compensation for Representational Services from Non-Federal Sources (18 […]