by Ralph Benko | Mar 12, 2013 | Uncategorized
Originally posted on Tuesday, March 12th, 2013 Monetary policy has become a “rule of men and not of law.” There is no “golden rule” that, classically and, according to then-governor Ben Bernanke, in a 2004 speech at Washington and Lee...
by Ralph Benko | Mar 7, 2013 | Uncategorized
Originally posted on Thursday, March 07, 2013 Share “In the water there emerged a golden egg. … For one whole year, Brahma lived inside the egg. He then split the egg into two and created heaven and the earth from the two parts of the egg.” The Helix...
by Ralph Benko | Mar 5, 2013 | Uncategorized
Originally posted onTuesday, March 05, 2013 Share “As gold is a currency in nature, no matter if it’s for state economic security or for the acceleration of renminbi internationalisation, increasing the gold reserve should be one of the key strategies of China.”...
by Ralph Benko | Feb 28, 2013 | Uncategorized
Originally posted on Thursday, February 28th, 2013 “[W]e’ll be building a solid State, proof against crises, and without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off into a concentration camp! That’s the...
by Ralph Benko | Feb 26, 2013 | Uncategorized
Originally posted onTuesday, February 26, 2013 Share “[A]lthough gold and silver are not by nature money, money is by nature gold and silver….” – Karl Marx Karl Marx, in his A Contribution to the Critique of Political Economy, demonstrates...
by Ralph Benko | Feb 21, 2013 | Uncategorized
Originally posted on Thursday, February 21st, 2013 “China’s foreign exchange reserves have not increased for almost two years….” The Califia Beach Pundit provides an extraordinarily canny assessment of Chinese monetary policy, its dollar peg,...
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