Peak Oil is You
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Page added on May 12, 2013
The Monarchs of Money
The Monarchs of Money
The world’s central banks have printed unimaginable amounts of money in recent years. Neil Macdonald explores what this means for the global economy and for your financial well-being.
6 Comments on "The Monarchs of Money"
BillT on Sun, 12th May 2013 5:37 am
Greed is the rider of the black horse…
Repent on Sun, 12th May 2013 11:59 am
Dead link!
moli on Sun, 12th May 2013 2:56 pm
fiat money in industrialised militarised nations helps imperial nations to rapidly and vigorously consume and control poorer nations.. . it was printed primarily against oil reserves in the middle east and its driven the last hundred years thru two wars and subsequently much growth for the printing nations, . . now that we have peakoil . . the whole operation is in wind down mode. fiat money in poorer countries is a control demand of the imperial nations so that the puppet governments can enslave thier subjects to the industrial nations. end.
moli on Sun, 12th May 2013 3:01 pm
cnn bbc rt bomings etc etc etc . . the real news is 20000 kids die each day due to poverty and diseases so easily preventable. . once we chase the greedy selfish rich into the sea or off a cliff and their thugs
J-Gav on Sun, 12th May 2013 4:57 pm
Christine Lagarde, head of the IMF, recently used the old Thatcherite expression “There is no alternative” to austerity to bring back growth. I got news for her – growth ain’t comin’ back, other than in freak little bursts here and there – only to give way to further drops in production, consumption, international ‘globalized’ trade etc. until we wake up in a world that looks more like 1950s America … We’re talking a decade or perhaps two here but the trend is unmistakable.
The days of the monetary madness which presently reigns on the planet are numbered. Entrusting the well-being of world populations, the environment, agriculture and biodiversity to the miserable swine who set off this new depression in the first place does not inspire confidence in the future.
DC on Sun, 12th May 2013 7:33 pm
Well, maybe we dont have a ‘money’ problem, so much as we do wealth inequality and resource problem and so on. The real problems we face, industrial pollution, over-population, US aggression etc, are not problems related to how much ‘money’ is sloshing around. Rather they are the result of human greed and shortsightedness and numerous other human factors. None of it will be ‘fixed’ no matter much cash central banks print.