Potential Fed Chairman Calls For The Death Of The $100 Bill
Potential Fed Chairman Calls For The Death Of The $100 Bill In my last post on Sprott Money, I pointed out the frightening truth: the ECB is strongly considering eliminating the €500 bill from circulation, reducing their physical money pool…
Brexit: How Should Britain Vote?
The Out campaign has peaked Peter Kellner, President of YouGov Support for the Out campaign may have peaked. Over the past year, when people have been asked how they would vote in the EU referendum the question in their mind…
Why Are Big Banks Getting Bigger?
Why Are Big Banks Getting Bigger? Ricardo T. Fernholz Claremont Colleges – Claremont McKenna College Christoffer Koch Federal Reserve Bank of Dallas February 18, 2016 Abstract: The U.S. banking sector has become substantially more concentrated since the 1990s, raising questions…
The Problems With Negative Interest Rates
The Problems With Negative Interest Rates by Rick Rieder, BlackRock Rick Rieder explains why negative interest rates are more likely to hurt, rather than help, economic and financial stability. azart // Shutterstock There’s a view in some policy circles that…
Central banking goes negative
In what could well be a final act of desperation, central banks are abdicating effective control of the economies they have been entrusted to manage. First came zero interest rates, then quantitative easing (QE), and now negative interest rates –…
Marco Rubio’s Radical Alignment With The Financial Industry
This article originally appeared with the Roosevelt Institute. Marco Rubio and Jeb Bush have been fighting for months in the GOP primaries to be the candidate representing Wall Street, hedge funds and the financial sector. Headlines like “Bush and Rubio…
Why Piracy Continues Unabated
I n this report, SAMUEL ABULUDE looks at the ongoing war against piracy of creative works referred to as copyright infringement, and how to tackle it at all ends. In the entertainment industry today where film makers do not make…
Over Half of Americans Support FBI Over Apple
Fifty-one percent of Americans believe Apple should unlock the encrypted iPhone of one of the San Bernardino, California, shooters, according to a Pew Research survey published Monday. In the increasingly heated legal battle involving the FBI and the Department of…
Zuckerberg Sides With Apple Over FBI With Backdoor Encryption Policy
Mark Zuckerberg has taken a side in the fight between Apple and the FBI in regards to the on-going issues with the San Bernardino shooter Syed Farook’s phone. “We’re pretty sympathetic with Tim (Cook) and Apple on this one,” Zuckerberg…
White House Is Either Lying About Apple Order Or Doesn’t Understand What A Backdoor Is
During a White House press briefing on Wednesday, Press Secretary Josh Earnest apparently kept brushing aside questions about the order to Apple to remove certain security features that would enable the FBI to brute force the passcode and decrypt the…