Recent content by hellwolf

Thanks for the thoughts, can you elaborate what did you mean by "implemented QE4 at the same time.", how exactly?

Reverse repos on FED’s balance sheet is growing rapidly The FED’s balance sheet liabilities include these major items: All Federal Reserve Notes, aka. the US dollar papers, existed around the world Deposits, the digital dollars other banks park at the FED in order to earn interests Reverse...

Gold is usually stored in big vaults and major banks including central banks, thanks to the economic of scale they have where security is a big expense for maintaining a vault. However the rise of Internet of Things technology is providing a technological tipping point for the feasibility of...

In the beginning of 2016, there was a $19.3 billions drop in Federal Reserve capitals account, as illustrated in this chart: It befuddled some commentators, including Mike Maloney in his recent video in which he resorts to his usual tone of a conspiracy may have been covered up...

What I think is unique in my proposal is that, there is no central ownership of this "central bank" setup. It's owned by community, and decisions(of issuing gold certificates to gold dealers, resolve dispute of misbehaving gold dealers) are made by community according to the rule agreed by the...

Here is a disruptive idea of how to end the central banking as we know it. Pretty all forms of paper money were started from being backed by gold or silver. No paper money that went off the commodity standard ended up well in the long run. Paper money were just a form of gold or silver...

I live in Estonia, and I just hope they don't start to replicate so called Scandinavian model before Scandinavian model as we know it went to the inevitable bust.

I just read more about the problematic product in Chinese. http://www.baike.com/wiki/%E6%97%A5%E9%87%91%E5%AE%9D In short, it's like a investment deposit account, you put some money there and some people will trade it for you in "non-ferrous metal market". Public crowd are crying for the...

It is well know that, the first documented paper money system of the world emerged in 10th century of China. But little has been known that, it was backed by a "Iron Standard", and it went through a full cycle of its own version of "free banking era", "cartelization", "socialized fractional...

Setup up a straw man, then refute it intellectually? Human acts to achieve his/her ends, so wars don't just happen, they are means for some people to achieve their ends.