“Major-General Qiao Liang, the People’s Liberation Army strategist, in a speech to the Chinese Communist Party’s Central Committee (CCPCC) in April 2015 identified a cycle of dollar weakness against other currencies followed by strength, which first inflated debt in foreign countries and then bankrupted them. That then allowed US business interests to acquire assets at rock-bottom prices.”
Similar Posts
A buying opportunity in precious metals
Share this articleAfter a remarkable run over the past few months, gold and silver now appear to have entered a period of consolidation. Many speculators and short-term focused investors have sold their positions fearing a correction, while mainstream market commentators fuel these fears, with analyses that proclaim “the end of…
VÖLLIG LOSGELÖST – DIE SCHWEIZERISCHE NATIONALBANK UND DAS GOLD
Share this articleMehr als 80 Jahre war die Schweizerische Nationalbank eine unabhängige Institution – alleine der Geldwertstabilität und dem Wohl der Schweizer Bevölkerung verpflichtet. Garant hierfür war die Goldbindung des Franken. Geschichte lässt uns „Spuren der Vergangenheit“ erkennen und die damit verbundenen Trends beurteilen. Beispielsweise lässt sich so relativ einfach…
War on cash” update: A brighter outlook
Share this articlePart I of II, by Claudio Grass, Switzerland For years, I’ve been following very closely all the relevant updates on the State’s war on cash. I’ve read and written a lot about all the direct and indirect efforts to restrict the citizens’ choices and make sure they shift all…
Cantillon effect: Who’s paying the highest price?
Share this articleEvery time we hear government officials announce their big spending plans, their new welfare programs and their ambitious “job creating” schemes, they always present them as being in defense of the poorest and the most marginalized members of our societies. In coordination with their central bankers, they print and…
The real failure of “trickle down economics”
Share this articlePart I of II For decades already, one of the most popular and commonly employed attacks of Keynesians and other left-leaning economists was the one against the idea of “trickle down economics”. They ridiculed the notion that a rising tide lifts all boats or plainly put, the obvious fact…
“There is no such thing as a free lunch, but the temptation to distribute one or to get one seems to be too strong”
Share this articleInterview with Daniel Model: Part I of II During these absurd and uncertain times, it is easy to be consumed by the 24-hour news cycle, to be constantly distracted by the latest news and updates, and eventually to lose track of what really matters. We are indeed facing unprecedented…
