How Will Bitcoin React in a Financial Crisis Like 2008?
By Charles Hugh Smith If the ownership of bitcoin is as concentrated as some estimate, then the liquidity issue distills down to the actions of…
Economy
A Totalitarian Europe Now on Our Doorstep
By Julian Rose Quietly, without most people noticing, the European Commission is moving ahead with a strategy that will arguably make the EU into the…
Let’s Clear Up One Confusion About Bitcoin
By Charles Hugh Smith If bitcoin can be converted into fiat currencies at a lower transaction cost than the fiat-to-fiat conversions made by banks and…
Combined Wealth of World’s Billionaires Now Tops $6 Trillion, and Rising Fast
By Isaac Davis By many economic indicators, the world is seeing an unprecedented boom right now. While this may seem like great news in generalized…
The Economic End Game Continues
By Brandon Smith In November of 2014 I published an article titled ‘The Economic End Game Explained’. In it I outlined what I believed would…
Why Is Bitcoin a Big Deal?
By Charles Hugh Smith Centralized banking and all other forms of intermediary rentier skims are presented as solid. If history is any guide, these supposedly…
Japan Just Killed the “Bitcoin Will Be Banned” Meme
By Charles Hugh Smith One of the most durable claims of cryptocurrency skeptics is that “governments will ban bitcoin once it threatens their fiat currency…
What Could Pop The Everything Bubble?
By Charles Hugh Smith As central bank policies are increasingly fingered by the mainstream as the source of soaring wealth-income inequality, policies supporting credit/asset bubbles…
Congressmen Press the U.S Mint for Action on Counterfeit Gold and Silver Coins
Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) today delivered a formal letter to the United States Mint and Secret Service, urging aggressive action on…
Observations on Wealth-Income Inequality (from Federal Reserve Reports)
By Charles Hugh Smith There’s a profound difference between assets that produce no income and those that produce net income. To those of us nutty…
How The Blockchain Can Free You From The Banking Industry
By Joe Jarvis The power or right to act, speak, or think as one wants without hindrance or restraint… that’s freedom. For many, the word…
Lies And Distractions Surrounding The Diminishing Petrodollar
By Brandon Smith There are a few important rules you have to follow if you want to join the consortium of mainstream economic con-men/analysts. Take…
Bankers Panic: 400 Year Old Banking Swindle Coming To a Close?
By Jack Mullen, TGR Intelligence Briefing Royal Bank of Canada CEO, David McKay, was recently on CNBC and asked to talk about the cryptocurrencies. During…
Threats to Digital Wealth Point to Need for Tangible Backup
By Stefan Gleason Recent high-profile cyber security breaches at Equifax and other financial institutions highlight the perils of an all-digital economy. When wealth can be…