FED: Prepares permanent mechanism for bailing out troubled banks February 8, 2024 The US banking system is at risk of collapse, according to the indications we have based on the movements of the federal authority, the…
Why is the only deposit banking product a deposit, while everything else is an investment? August 31, 2023 Borrowing rates may be rising, but deposit rates remain at zero, frustrating depositors who see inflation erode the value of their money. The average…
Steadily increasing annual demand for Gold June 22, 2023 Gold never loses its luster as evidenced by the steady production and high demand consistently recorded quarter after quarter. With annual demand consistently exceeding…
The Timelessness of the Global Banking Crisis May 4, 2023 The collapse of First Republic Bank was the second largest bank failure in US history. The single biggest bank failure was that of Washington…
OPEC-“Trojan horse” against EU and US efforts to suppress their Ιnflation April 20, 2023 In light of the IMF’s negative forecast for global economic growth of around 3% over the next five years, with interest rates, bank failures…
Can Central Banks and Monetary Policy be Democratized? April 6, 2023 For decades, the independence of central banks has been viewed as the cornerstone of a prudent monetary and overall economic policy. Contributing to this…
The Growth Rate of the Global Economy is Slowing Down April 6, 2023 Achieving high growth rates is the main purpose of economic policy and the criterion of whether the economy is going in a positive or…
The Threats to the Global Economy April 6, 2023 The era of easy and low cost borrowing and abundant liquidity is long gone, and the policy of ever-higher interest rates has spread throughout…
Today, the Democratization of the Banking System is more necessary than ever April 6, 2023 It must reverse the fact that until today we treat the banking system as an avenue for democratic intervention. Few things cause more anxiety…