It’s time for monetary reform, we don’t need the Federal Reserve, what we need are gold’s chains of fiscal discipline. The fiscal discipline of a gold standard...
On Wall Street it was business a s usual, demonstrating yet again that make-believe money will continue to change hands at a brisk pace until cockroaches hold dominion over Earth.
Unregulated $1 trillion derivatives market. Counterparty risk - the new economic concern. Risk of cascading defaults. The financial crisis could eclipse even the crises of 2008, Dot.com and 1929.
Yes, it’s that serious. The kobolds are digging under the banks, undermining them. If they are not stopped, they will undermine the entire banking system.
Will the $170 trillion in domestic derivatives exposure sink the banking system or ignite hyperinflation? Did the silver market rigging cartel sow the seeds of their own demise via swaps?