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The Amber Chamber: “Eighth Wonder of the World”

by Ralph Benko | Mar 28, 2013 | Uncategorized

Originally posted on Thursday, March 28th, 2013 The Amber Chamber in the Catherine Palace near Saint Petersburg is decorated with amber panels backed with gold leaf and mirrors.  Lovingly crafted in Prussia in the very early 18th century, Prussian king Friedrich...

The Centennial Monetary Commission Act of 2013: full text

by Ralph Benko | Mar 26, 2013 | Uncategorized

Originally posted on Tuesday, March 26, 2013 Share On March 14, 2013, potentially transformational legislation was introduced in the United States House of Representatives “To establish a commission to examine the United States monetary policy, evaluate...

“One of the world’s … most mysterious institutions.”

by Ralph Benko | Mar 21, 2013 | Uncategorized

Originally posted on Thursday, March 21st, 2013 “Interwar-era Bank of England Governor Montagu Norman used to dream that the BIS would one day foster a core of central bankers entirely autonomous of governments.”  — The Confidence Game Journalist...

Dallas Fed President Richard Fisher: “Don’t be a schmuck.”

by Ralph Benko | Mar 19, 2013 | Uncategorized

Originally posted on Tuesday, March 19, 2013 Share “Don’t be a schmuck. Don’t fall for fantastical notions that have nothing to do with the way people really are.” — Richard Fisher, quoting David Brooks Richard Fisher, President and CEO of the Federal Reserve...

Extraordinary Popular Delusions: The Fed as Alchemist

by Ralph Benko | Mar 14, 2013 | Uncategorized

Originally posted on Thursday, March 14, 2013 Share A picturesque byway of human history involves the long, intricate, and convoluted efforts by savants to turn base metals into gold.  These savants were called alchemists.   Alchemy bears a similar relationship to...
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