Health, Myths, Fraud and the Crisis

Posts tagged ‘Economic crisis’

Financial Health: A Deflationary Accident Coming?

Highly recommended interview of Felix Zulauf by Jim Puplava (some basic knowledge of economics might be required) :

The Road to Perdition

Is Mervin King serious about eliminating Fractional Reserve Banking ?

In a speech at the Buttonwood Gathering in New York City Mervin King made the following remark :

Another avenue of reform is some form of functional separation. The Volcker Rule is one example.
Another, more fundamental, example would be to divorce the payment system from risky lending activity –that is to prevent fractional reserve banking (for example, as proposed by Fisher, 1936,
Friedman, 1960, Tobin, 1987 and more recently by Kay, 2009). (more…)

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