The US Federal Reserve’s policy of buying debt instruments with money it’s creating out of thin air – currently at the extraordinary rate of more than a trillion dollars’ worth every year – is the right thing to do, because it doesn’t add to the net amount of US debt outstanding, argues the famous mega-speculator […]
money
Profligate money creation in Europe
Japan’s central bank is under pressure from the newly-elected government to step up its easy-money policies. At the European Central Bank, president Mario Draghi has charted his way to unlimited freedom to create money to anaesthetize the pains of the Eurozone disease, and has explicitly promised to use that power to whatever extent seems necessa…
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Let Nature Give You A Run For Your Money
South Africa’s most exciting three day stage trail run, the ProNutro AfricanX Trailrun presented by New Balance, will feature a change of venue in 2013. Taking place the weekend of 19 – 21 April 2013, the grounds of the Houw Hoek Inn will be the new home of this much loved trail run. Teamwork forms […]
How to Play The Money Game Like The Uber Rich
MITT Romney, as I write this in November 2012, is currently standing to be president of the United States. It is claimed by Bloomberg news that although he has an estimated $ 250 million fortune, as recently as 2007 he was using a loop hole to pay zero income tax. Earlier this year, Senate Majority Leader […]
