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By Richard (Rick) Mills |
April 23, 2012
For the very first time in our history all money, all currencies, are now fiat. The US dollar used to be gold backed and it was the rock to which all of the world's currencies were anchored. Our 41-year experiment with paper money is almost over.
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By John Browne, Euro Pacific Capital |
May 13, 2010
As the health of much of the global economy weakens on a daily basis, political leadership increasingly ignores the source of the malady and instead focuses on short term "band-aid" remedies.
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By John Browne, Euro Pacific Capital |
May 5, 2010
In the decades that preceded Greece's adoption of the euro in 2001 the country papered over its chronic inefficiency and lack of competitiveness with its northern neighbors through regular devaluations of its currency, the drachma.
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By John Browne, Euro Pacific Capital |
April 23, 2010
From all outward appearances, it seems that a grim chapter in U.S. economic history has come to an end.
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By John Browne, Euro Pacific Capital |
March 9, 2010
By raising taxes on business owners, monopolizing credit and increasing business regulations at a frightening pace, current policy is turning the employment landscape into a sterile promontory.
