The Case for Decentralizing Monetary Policy
By Ethan Yang Money for much of history has been something closely regulated by the state and today that trend has been steadily increasing. Whether…
Banking
Argentina Central Bank’s Sudden Dollar Shortage Sparks Fears Of Mass Corporate Credit Crisis
By Tyler Durden Despite Emerging Markets’ recent surge higher on the heels of a dumping dollar and massive global liquidity injections, at least one country…
New OCC Rule Is a Win in the Fight Against Financial Censorship
By Marta Belcher On Thursday, the Office of the Comptroller of the Currency finalized its Fair Access to Financial Services rule, which will prevent banks…
NYC Tenants Owe More Than $2 Billion In Unpaid Rent As Cuomo Extends Eviction Moratorium
By Tyler Durden New shocking figures produced by a New York area landlord trade group, the Community Housing Improvement Program, finds half of all New York…
Deutsche Bank Pays $100MM To Resolve Chinese Bribery Scandal
By Tyler Durden For a minute there, it looked like Goldman Sachs might steal Deutsche Bank’s crown as the most felonious bank on Wall Street….
Ten Remarkable Financial Events of 2020
By Peter C. Earle The past year has been one full of superlatives: from the most votes ever cast in a presidential election to the…
Cost Of Doing Business: Big Banks Have Paid $195 Billion In Fines Since 2000
By Tyler Durden Often times when the “too big to fail” banks are caught with their hands in the cookie jar (or placing the entire…
What Is the Great Reset? Part I: Reduced Expectations and Bio-techno-feudalism
By Michael Rectenwald The Great Reset is on everyone’s mind, whether everyone knows it or not. It is presaged by the measures undertaken by states…
The Most Hopeful Scenario for 2021
By Charles Hugh Smith Choose wisely, America, or the options for a positive outcome will vanish like mist in Death Valley on a clear July…
“Is Your State Destroying Your Money?” Asks 2020 Sound Money Index
Wyoming, Texas, and Utah are the three most pro-sound money states in the United States, according to the 2020 Sound Money Index. Released December 16th…
Alarming Developments in GLD ETF Reaffirm Need to Own Physical Gold
By Clint Siegner The world’s largest gold exchange traded fund (ETF) seems to be having a lot of trouble when it comes to accounting. The…
Cash-Strapped Iraq Drastically Devalues Dinar As Fears Of Nationwide Unrest Grow
By Tyler Durden According to the latest IMF forecasts, Iraq’s GDP will contract 12% this year, more than that of any other OPEC member under…
The US Money Supply Was Up 37 Percent In November
By Ryan McMaken In November, money supply growth rate was essentially unchanged from October and remains near September’s all-time high. The stabilization we find in money-supply growth…
Danger Ahead as Markets Detach from Fundamentals
By Clint Siegner Americans may start the New Year without certainty as to who will be sworn in as president on Inauguration Day. President Donald…