The Destructive Force Of Bank Credit

The Destructive Force Of Bank Credit

Commentators routinely confuse the deflationary effects of a contraction of bank credit with the inflationary effects of central bank policies designed to offset it. Central banks always ensure their stimulus is greater, so inflation, not deflation, is always the...
Retirees Have Gotten Swindled

Retirees Have Gotten Swindled

To understand the impossible situation in which most retirees find themselves, let’s begin with interest rates. When governments raise or lower the cost of credit, they’re communicating with the rest of us. Higher interest rates send the message that “cash is more...
How to Make Millions In the Next Market Crash

How to Make Millions In the Next Market Crash

It’s estimated that there are over 50 million pensioners–in the United States alone. Like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their...
The World’s Best And Worst Pension Funds

The World’s Best And Worst Pension Funds

With the global population aging at a rapid pace (research has determined that the percentage of the population over the retirement age will grow to 20% by 2070, up from 9% today), understanding the durability of the world’s pension funds is of growing...