Inflation Is Spreading Poverty in Turkey
Over the last two years, Americans have experienced inflation greater than any they've faced in some time, but it's been nothing compared to what...
Is Gold Expensive?
Gold prices have reached nominal highs, but is it expensive? In inflation-adjusted terms, the price of gold is higher than statistically normal but not...
BRICS Gold Standard Over Before It Started?
Recently Russian-funded RT news teased a new gold-backed currency for BRICS nations. Kitco's Neils Christensen reports:
Friday, according to state-run RT, the Russian government has...
Eurozone Edging Closer to CBDC with New Proposal
The Eurozone is edging closer to adopting a central bank digital currency with a new proposal by the European Commission outlining its plans for...
Lira Sits at Record Lows as Central Bank Gives Up Support
Turkey's central bank has given up trying to support the lira as it has fallen to its lowest levels ever against the dollar. Reuters...
China Props Up Ailing Yuan
Worried about its currency's weakness, The People's Bank of China has propped up the yuan even more than expected. Bloomberg News reports:
China stepped in...
CBDCs Would Be the End of Any Remaining Central Bank Indpendence
In a well written piece, the CEO of the Cato Institute, and a friend of mine, Peter Goettler, explains the dangers central bank digital...
MONEY GLOBALISTS: More Calls for Globalized CBDC System
Only shortly after bankers aligned with the IMF called for a globalized central bank digital currency platform, the Bank for International Settlements (BIS) has...
Markets Not Convinced by Turkey’s Attempt at a Reset
After winning reelection as Turkey's President, Recep Tayyip Erdogan replaced his central bank governor and finance minister with highly regarded personnel, aiming at a...
DeSantis Calls CBDC Central Authority an Obvious “Wolf”
In a recent interview with John Stossel, Gov. Ron DeSantis explained that some wolves come dressed in sheep's clothing, so you don't see them...