The Real Story on Banking
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Money Concepts: Silver as Money
THE PUBLIC PERCEPTION: The public thinks the silver is primarily another previous metal to purchase in unstable times.
Metals
Intrinsic Currency
Executive Summary
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- Silver is commonly thought to be a good money.
- Interestingly, this assumption is so common that it requires investigating to find out it is not.
Introduction
Much less used than gold and thSelect Image or Title to Read More
The Problems With Precious Metals as Money
THE PUBLIC PERCEPTION: The public is not aware of the historical problem with metals as money.
Metals
Intrinsic Currency
Executive Summary
- History has shown there to be many problems with using precious metals as money.
- The reality is that precious metals are only in very rare circumstances actually money.
Introduction
Precious metals are often lauded for their historical use as mSelect Image or Title to Read More
Money Concepts: Guns and Ammunition As Money
THE PUBLIC PERCEPTION: The public does not think of guns as a currency.
Metals
Intrinsic Currency
Executive Summary
- Precious metals are often proposed as a good form of money when there are severe economic problems.
- Less frequently discussed is the use of guns and ammunition.
Introduction
Guns and ammunition appreciate during times of instability. DependingSelect Image or Title to Read More
Money Concepts: False Histories of Gold
THE PUBLIC PERCEPTION: The pubic is often led to believe that gold has historically been an effective money.
Metals
Intrinsic Currency
Executive Summary
- Gold has an abysmal history as either money or serving as a backing for fiat money.
Introduction
Some of the best-selling books on economics, investing, and money routinely have false histories of goldSelect Image or Title to Read More
Money Concepts: The Three Types of Money
THE PUBLIC PERCEPTION: The public is unaware of this distinction between the different types of money.
Definition
Types of Money
Executive Summary
- There are three types of money, fiat, commodity, and credit.
Introduction
This quote explains the three types of money."Historically, there have been three categories of money: commodity, credit, and fiat. Commodity money consists of some dur
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Center for Economic Policy Research: Economics and Banking Profiles
THE PUBLIC PERCEPTION: The CEPR is known among some non-mainstream economists and those with progressive financial ideals.
Non Mainstream Economics
Source
Executive Summary
- The Center for Economic Policy Research is one of the most important non-mainstream economist organizations.
Introduction
The CEPR is one of the most important counter-mainstream economics websites and publishers. Its co-founders are Dean Baker and Mike WSelect Image or Title to Read More
European Central Bank (ECB): Banking Profiles
THE PUBLIC PERCEPTION: The public thinks that the ECB looks out for the monetary interests of all member countries and loans money to countries to help them.
Private Central Bank
Institutions
Executive Summary
- The European Central Bank is often thought to support the EU countries, but it is a primary force for bad outcomes for these countries.
Introduction
The ECB is described in the following quotation.Its stock held by the EU 27 member countries.
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European Investment Bank (EIB)
THE PUBLIC PERCEPTION: Some of the public in the EU is aware of the EIB.
Private Central Bank
Institutions
Ostensibly designed to support international infrastructure investment, but also a cat's paw of private banking interests. The EIB is a major promoter of highly corrupt PPPs, or Public Private Partnerships, which place the infrastructure investment off of the country's balance sheets -- which is promoted by the EU's restrictions on government spend
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