Free Republic

Chief editor of Grant's Interest Rate Observer debunks negative interest rates, banning cash, and helicopter money. ... Epoch Times spoke to Mr. Grant about the spotty track record of central bankers, deflation, gold and the gold standard, as well as negative interest rates and a ban on cash. A negative interest rate is not only a tax on saving, it is the destruction of saving. ... Negative interest rates are an attempt to tax thrift. The idea of earning dollar bills and putting those dollar bills in a bank and having them accumulate over time, the accumulation of which is...

Submitted by Simon Black of Sovereign Man blog,Over the past several decades, people around the world have become so brainwashed that few people really give much thought anymore to the safety of their currency.It’s not something people really understand... there’s apparently some Wizard of Oz type figure at the top of the hill pulling all the levers of the monetary system. And we just trust them to be good guys.This is partially true. Today’s financial system is dominated by central bankers who have been awarded nearly dictatorial control of global money supply.In allowing them to set interest rates, they...

The late Nobel Economic laureate Milton Friedman once remarked, “Money is too important to be left to central bankers. You essentially have a group of unelected people who have enormous power to affect the economy. I’ve always been in favor of replacing the Fed with a laptop computer, to calculate the monetary base and expand it annually, through war, peace, feast and famine by, perhaps, a predictable 2 percent,” Friedman said.

 Weekday Commentary from Jim Puplava Home Still Looks Like a Bear Market for the S&P Gold & Silver Breakout The Week in Graphs  Tuesday's Market Scoreboard  March 26, 2002  Dow Industrials 71.69 10,353.36  Dow Utilities 1.54 302.22  Dow Transports 58.14 2875.37  S & P 500 6.62 1138.49  Nasdaq 11.68 1824.17  US Dollar to Yen   132.905  US Dollar to Euro   .8772  Gold 0.9 296.8  Silver .005 4.585  Oil .37 25.36  CRB Index .15 203.52  Natural Gas .015 3.472 All market indexes Storm Watch Geopolitical News in Focus Energy Resource Page Precious Metals           Storm...