Silver as an investment

Category Archives: Larry Summers

Cash No Longer King: Europe Accelerates Move To Begin Elimination Of Paper Money

Submitted by Shaun Bradley via TheAntiMedia.org, In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining […]

Why The Cold War Between Tech CEOs and Trump Is About To Go Nuclear

Over the weekend, openly defiant CEOs, particularly among the tech sector, expressed their displeasure with Trump’s Friday executive order temporarily banning refugees and limiting travel from seven Muslim countries, with both words and deeds, among which the following (summary courtesy of Axios): VCs funding the ACLU: Several venture capitalists, as well as a few entrepreneurs, […]

“Open Your Ears” – Populism Is A Feature (Not A Bug) Of Democratic Society

Submitted by Mike Krieger via Liberty Bltizkrieg blog, I have serious concerns about a Trump Presidency. I’ve laid these out repeatedly in the past, but to summarize, they center around his authoritarian nature, a disregard for civil liberties, and lastly the fact that many of the people he has surrounded himself with posses an ideology which […]

Frontrunning: January 18

Business euphoria over Trump gives way to caution, confusion (Reuters) Biden Lashes Out at Trump Over Comments on NATO (WSJ) Number of House Democrats Skipping Inauguration Grows (WSJ) Rising U.S. shale-oil output threatens OPEC’s production pact (MW) China urges U.S. to bar Taiwan delegation from Trump inauguration (Reuters) IEA Sees Significant Gains in U.S. Shale […]

Davos Elite Eat $40 Hot Dogs While “Struggling For Answers”, Cowering in “Silent Fear”

For those unfamiliar with what goes on at the annual January boondoggle at the World Economic Forum in Davos, here is the simple breakdown. Officially, heads of state, captains of industry, prominent academics, philanthropists and a retinue of journalists, celebrities and hangers-on will descend Tuesday on the picturesque alpine village of Davos, Switzerland, for the […]

The Big Theme for 2017: Global Cash Bans

The big theme for 2017 will be Cash… not a pro-deflationary “time to own cash” theme… but a “let’s ban it as quickly as possible” theme. Let’s review. In 2016: 1)   Former Secretary of the Treasury, Larry Summers, called for the US to do away with the $100 bill. 2)   Former Chief Economist for the […]

These Countries Have Nearly “Eliminated Cash From Circulation”

The cashless society is catching up to all of us. As SHTFPlan.com's Mac Slavo notes, Most of Europe has shifted that way, and now India is forcing the issue. In the United States, people are being acclimated to it, and may soon find that no other option is practical in the highly-digitized online world.   […]

World Economy Wobbles As Deep-State-Shill Distracts

Authored by Bonner & Partners Bill Bonner, annotated by Acting-Man's Pater Tenebrarum, Scams and Flimflams BALTIMORE – For weeks, the top news headlines have been about politics. And politics has been all about the Republican Party candidate for president of the United States, Donald Trump.   Two very different elections… The Establishment, the media, and […]

The End Of Growth’s “Fake Elixir”

Authored by Alastair Crooke, originally posted at ConsortiumNews.com, Raul Ilargi Meijer, the long-standing economics commentator, has written both succinctly – and provocatively: “It’s over! The entire model our societies have been based on for at least as long as we ourselves have lived, is over! That’s why there’s Trump. “There is no growth. There hasn’t […]