It’s easy to understand the attraction of things like adjustable-rate mortgages and teaser-rate credit cards. They give you cheap money up front and a few
Based on the past few weeks’ stock market action, Japan’s decision to flood the world with yen looks like a raging success. It’s not of
In this week’s talk with National Numismatics’ Tom Cloud, he explains why the reported price of gold is not the real price. DollarCollapse: Hi Tom.
Most of the recent “currency war” talk refers to countries trying to lower the value of their currencies to gain a trade advantage and/or make
As an Italian-American I’m allowed to say it: Italians are an amusing mess. They go on about “la dolce vita,” the sweet life of long
Forget about the fiscal cliff. December’s big story was the ascension of a new leader in Japan whose platform is aggressive inflation: Global Currency Tensions
In this week’s interview with gold dealer Tom Cloud of National Numismatic Associates, we cover one very timely topic – the sudden decline in gold
The premise of this series is that once a country’s debt rises to a certain level, the country becomes impossible to govern. Voters accustomed to a
One of the lessons of medieval history (I’m listening to one of those recorded lecture series on the subject this week) is that Europe wasn’t
As everyone knows by now, Greece, Spain and the rest of the PIIGS countries can’t fix their economies because they can’t devalue. If they were
Think of devaluation as the monetary equivalent of the “tragedy of the commons”. In a nutshell, if everyone shares ownership of or has access to
Europe’s leaders — that is to say German Chancellor Angela Merkel and the bureaucrats running the various eurozone agencies from Brussels — have looked into
One of the problems with the debate over the “national debt” is that there’s no generally agreed upon definition of that term. Is it what
Getting Europe’s mainstream politicians and appointed technocrats to agree to bailouts and austerity was actually the easy part. The real challenge for these guys will
Nobody really expects Greece to default on its debt and leave the eurozone. But Greek leaders do seem to be squeezing as much drama as
Cut through the clutter and mainstream media noise. Get free, concise dispatches on vital news, videos and opinions. Delivered to Your email inbox daily. You’ll never miss a critical story, guaranteed.