Today 90 years ago, on the 15 of November 1923, by fixing the value of the recently created Rentenmark at a rate of 1 trillion (1.000.000.000.000) Papermark per 1 Rentenmark, and one month later, by setting the rate of the Rentenrmark against the US Dollar at a rate of 4,2 Rentenmark per 1 US Dollar, … Continue reading TYReads The End Of German Hyperinflation
Category: Finance
Mr. Draghi & the “european banking union”
ECB on collision course with Germany on banking union @ Financial Times Financial Times publishes this article about the reluctance of Germany to the intent of the ECB to get total supervisory and resolution control over all banks in the eurozone. The so-called "european banking union" plans seek to place eurozone banks under the overarching supervision … Continue reading Mr. Draghi & the “european banking union”
Prescient George Carlin
Many of us have spent time in the USA, a country for which we have harbored kind thoughts and fond memories. But in the age of the NSA spying even on the closest allies, in the age of american drones killing civilians in a routine fashion, in the age where Wall Street and its tool, … Continue reading Prescient George Carlin
Germany says “Ja” to Bitcoin
Despite strong opposition by the american government, Bitcoin appears to be winning some important battles. You can read more about the virtual currency in Bitcoin a virtual currency that defies the NWO. Bitcoin recognized by Germany as legal tender @ >CNBC.com Some excerpts: "Virtual currency bitcoin has been recognized by the German Finance Ministry as a "unit of account", meaning … Continue reading Germany says “Ja” to Bitcoin
TYReads “the capitalist network that runs the world”
Revealed – the capitalist network that runs the world @ New Scientist "An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy." "The idea that a few bankers control a large chunk of the global economy might not seem like news … Continue reading TYReads “the capitalist network that runs the world”
TYR reads “…It’s a Different Economy”
College Grads: It's a Different Economy @ Of Two Minds Charles Hugh Smith aptly summarizes and describes the structure of the post-2008 USA economy, a description that by extension and with some tweaks can be applied to most western economes. An economy in which processes in the making since the end of WW2, if not sooner, … Continue reading TYR reads “…It’s a Different Economy”
“He who controls the spice controls the universe.”
If you are a science fiction fan you'll probably remember Dune, the excellent novel (a series of them actually) by Frank Herbert, and the film by David Lynch based on the same book. In it, one of the villains, Baron Vladimir Harkonnen, utters “He who controls the spice controls the universe”, the spice being a rare … Continue reading “He who controls the spice controls the universe.”
4 April 2013 TYR reads
Helicopter QE will never be reversed @ The Telegraph Ambrose Evans-Pritchard hints at what the nature of the end-game of this monetary era might be...and it is printing money...forever. With an apparently neutral style and quoting potentially apocalyptic outcomes if permanent money printing by Central Banks is not considered ( "A breakdown of the global trading … Continue reading 4 April 2013 TYR reads
TYR reads: Bitcoins Go Parabolic
Zerohedge reports about the parabolic rise in the price of the Bitcoin in the last 48 hours and its 1400% rise since the start of the year. The article rethorically asks..."which line item on the Fed's Balance Sheet is 'Virtual Currency Transactions'... what better way to destroy an up and coming currency competitor than to blow … Continue reading TYR reads: Bitcoins Go Parabolic
Bitcoin a virtual currency that defies the NWO
Bitcoin the emerging monetary phenomenon created by a pseudonymous Satoshi Nakamoto in 2009 is no longer a joke, but a potential real threat to the neofeudal NWO whose visible components are the western Central Banks, from the Federal Reserve (FED) , to the European Central Bank (ECB), to the Bank of Japan (BoJ), to the … Continue reading Bitcoin a virtual currency that defies the NWO
The Yogi Rock 