The Economics of the Banking System

(In) 1913 this country died when we adopted the central bank and we got rid of sound money. We used to be able in 1913 to walk into a bank and redeem our dollars with gold. Can we do that any more? No! What is the price of gold now? Almost two thousand dollars. It has gone up six hundred dollars an ounce this year. Read more »

The Argentine Economy

[audio:argentine.mp3] Download audio file (argentine.mp3) at lu6fpj Australian Guy: How is the Argentinian economy now, like there was a crash a few years ago wasn’t there? Argentine Guy: The crash was in 2001 and after that I don’t know if you remember we had five presidents in three weeks. Australian […] Read more »

Eran from Israel

[audio:israelieran.mp3] Download audio file (israelieran.mp3) at Tmuna Fish Mark: So Eran what part of Israel do you come from? Eran: I am from Rishon. Rishon le Zion. Mark: From where? Eran: Rishon le Zion. Mark: How do you spell that? Eran: R-i-s-h-o-n. Mark: Uh-huh. Eran: Would be Rishon. Mark: Uh-huh. […] Read more »