by Ralph Benko | Nov 29, 2012 | Uncategorized
Originally posted on Thursday, November 29th, 2012 CelebrityNetWorth.com recently generated world headlines by announcing that someone few had ever heard of, 14th century African emperor Mansu Mansa, was the wealthiest person who ever lived — worth $400 billion,...
by Ralph Benko | Nov 27, 2012 | Uncategorized
Originally posted on Tuesday, November 27th, 2012 National and international government officials justifiably complain about the use of the dollar as the international reserve currency and the attendant deformities in the world monetary system. Yet officials seem...
by Ralph Benko | Nov 22, 2012 | Uncategorized
Originally posted Thursday, November 22, 2012 Share A notorious experiment with paper money was commenced, to his personal and French national ruin, by John Law in 1717. This was the very same year that Isaac Newton effectively invented the gold standard, setting...
by Ralph Benko | Nov 15, 2012 | Uncategorized
Originally posted Thursday, November 15, 2012 Share The Bank of England is the most venerable of the world’s central banks. It is headquartered in the City of London — England’s version of Wall Street — on Threadneedle Street. And somewhere...
by Ralph Benko | Nov 13, 2012 | Uncategorized
Originally posted Tuesday, November 13, 2012 Share Belgian economist Robert Triffin was, along with Jacques Rueff, one of the chief critics of the use of the dollar as an international reserve currency. Triffin and Rueff agreed in their diagnosis of the inherent...
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