Month: January 2022

Fractional reserve banking has existed throughout history, long before the creation of government currencies or central banks. Once monetary custodians realized that not all depositors would demand repayment simultaneously, the practice of lending out deposits in excess of reserves became …

The work cumbersomely entitled, The General Theory of Employment, Interest and Money, now commonly abbreviated as “The General Theory,” was published in 1936. It was therefore only ten years old when the author, John Maynard Keynes, died last April.…

Here we go again. Since the original Gulf War in 1991, a certain pattern has emerged. Every few years, the regime in Washington attempts to whip the American people into a frenzy so as to support the latest American invasion …