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Switzerland Publicly Questions Fractional Reserve Banking System
Share this articleProduced and published by Global Gold. In this interview with mises.org, Claudio Grass helps explain the recent Swiss referendum to end the fractional reserve lending. The referendum known as the “Vollgeld Initiative” would require banks to hold 100% reserves against their deposits. In other words, commercial banks woud…
Economics | Finance | Politics | Thoughts | Uncategorized“Real innovation and progress happen beyond Big Tech” – Part II
Share this articleInterview with Bernd Rodler – Part II of II Claudio Grass (CG): A lot people still consider it safer to go with a huge, established corporation, thinking these solutions would be more reliable and robust, especially for business applications. What is your take on this view? Bernd Rodler (BR): This…
End of an Era: The Rise and Fall of the Petrodollar system
Share this articleProduced and published by Global Gold. The intricate relationship between energy markets and our global financial system, can be traced back to the emergence of the petrodollar system in the 1970s, which was mainly driven by the rise of the United States as an economic and political superpower….
ECB: running out of runway – Part II
Share this articleKnock-on effects Overall, under Mr. Draghi’s watch, the ECB’s balance sheet has ballooned to a previously unimaginable scale and aggressive policies like the extensive QE program and negative rates have encouraged the accumulation of debt and heavily distorted market mechanisms. Scores of “zombie” companies, that would have otherwise…
BITCOIN UND KRYPTOWÄHRUNGEN – DIE DEZENTRALE ZUKUNFT DES GELDES
Share this articleDer Anfang der Entstaatlichung des Geldes Mit der Entwicklung von Bitcoin und der zugrundeliegenden Blockchain-Technologie wurde es zum ersten Mal in der Geschichte möglich, dezentrales digitales Geld zu erzeugen, ohne dabei auf Finanzintermediäre wie Zentralbanken und Geschäftsbanken angewiesen zu sein. Während herkömmliche Fiatwährungen wie der Euro oder der…