NY Couple Loses $25k Because Their Bank Doesn’t Keep Records
NY Couple Loses $25k Because Their Bank Doesn’t Keep Records"Other than politicians and the media, there is no other force in our society that is hated more and trusted less than the big banks. Between...
View ArticleMedia Brexit Hype Hides Collapse Of Italian Banking Sector
Media Brexit Hype Hides Collapse Of Italian Banking Sector"While the picture is a little more mixed today in Italian banks, as it appears investors are picking winners and losers rather than just...
View ArticleUber Argentina Turns to Bitcoin to Evade Government Crackdown
Uber Argentina Turns to Bitcoin to Evade Government Crackdown Bitcoin industry startup Xapo has entered a partnership with Uber that allows the company to accept its bitcoin debit cards, and for users...
View ArticleItaly's Banks Collapse - Will Europe Follow?
Italy's Banks Collapse - Will Europe Follow?"We have numerous reports of BANK RUNS taking place right now throughout Italy. Reports of lines of people at ATM's are draining the automatic tellers of all...
View ArticleWorld Central Banks Are The Only Thing Propping Up The Stock Market
World Central Banks Are The Only Thing Propping Up The Stock Market"One conundrum stumping investors in recent months has been how, with investors pulling money out of equity funds (at last check for...
View ArticleThe Elastic Standard
Column by Paul Hein.Exclusive to STRThe needle is approaching “E.” Not to worry; there’s a gas station in the next block. Your car’s owner’s manual gives the gas tank capacity as 20 gallons, but when...
View ArticleCelebrating 45 Years Of Phony Money
Celebrating 45 Years Of Phony Money"Now, the whole shebang depends on debt. All of this debt is calibrated in 'money,' which is the most extraordinary thing of all. The key to understanding today’s...
View ArticleThe Serious Economic Warning No One Is Talking About
The Serious Economic Warning No One Is Talking About"On Tuesday, July 12, a huge event happened in the investing world. But if you’re like most Americans, you probably haven’t even heard about it. The...
View ArticleGive A Man A Bank And He Can Rob The World - NatWest Edition
Give A Man A Bank And He Can Rob The World - NatWest Edition"NatWest has said it may start charging customers to hold cash if the economy takes a tumble. The bank warned more than one million of its...
View ArticleA Victory for Bitcoin Users
A Victory for Bitcoin UsersOn July 25, Miami-Dade Florida circuit judge Teresa Pooler dismissed money-laundering charges against Michell Espinoza, a local bitcoin seller. The decision is a welcome...
View ArticleWhy Pointy-Headed Bankers Should Never Do Marketing
Why Pointy-Headed Bankers Should Never Do Marketing"The Fed is "checking a box," said Frank Eliason, the head of customer experience for Zeno Group and formerly head of global social media at...
View ArticleWall Street Brexit Fear Porn Failure Leaves Losers Flaccid
Wall Street Brexit Fear Porn Failure Leaves Losers Flaccid"JP Morgan chief executive Jamie Dimon, a leading proponent of Project Fear, said Brexit would be a ‘terrible deal for the British economy’ and...
View ArticleRussian Man Beats Bank at its Own Game – Adds His Own Fine Print to Loan...
Russian Man Beats Bank at its Own Game – Adds His Own Fine Print to Loan Agreement"Disappointed by the terms of the unsolicited offer for a credit card from Tinkoff Credit Systems in 2008, … Dmitry...
View ArticleHere’s Where the Next Bank Deposit “Bail-In” Will Strike…
Here’s Where the Next Bank Deposit “Bail-In” Will Strike…"One shot from a pistol pierced the night right before Antonio Bedin collapsed, dead. Antonio, a 67 year-old retired Italian, had just committed...
View ArticleForeign Central Banks Liquidate Their Erstwhile 'Strong' Dollar Holdings
Foreign Central Banks Liquidate Their Erstwhile 'Strong' Dollar Holdings"One month ago, when we last looked at the Fed's update of Treasuries held in custody, we noted something troubling: the number...
View ArticleBacking Bunk
Column by Paul Hein.Exclusive to STRA monetary system that has replaced money with non-redeemable notes that can only enter circulation as a loan is doomed to collapse, and many have warned of that...
View ArticleVenezuela’s “Collapse Unleashing Hyperinflation” As Worthless Cash...
Venezuela’s “Collapse Unleashing Hyperinflation” As Worthless Cash Necessitates 200x Bigger Bills"The troubled socialist nation of Venezuela can no longer hide its massive hyperinflation problems –...
View ArticleThe Banker Kakistocracy Dislikes Trump For A Reason
The Banker Kakistocracy Dislikes Trump For A Reason"There have been reports that Allison is being considered for Treasury secretary. Trump's has on the campaign trail questioned the future of the...
View ArticleFundamentals
Column by Paul Hein.Exclusive to STRThere doesn’t seem to be any debate about the fact that things are seriously wrong in America. The octogenarians among us--present writer included--can recall a...
View ArticleGovernments Trash Cash, Making Alternative ‘Money’ More Attractive
Governments Trash Cash, Making Alternative ‘Money’ More AttractiveBitcoin, gold, and other unofficial means of exchange get free marketing from idiotic officials.
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