Russia Dumping All U.S. Dollars in Its Sovereign Wealth Fund and Will Switch to Euros, China’s Yuan and Physical Gold

(JD Heyes) Likely sensing that the Biden regime is out to crash the U.S. economy with its job-killing, dependency policies, Russia is moving to ditch all dollar holdings in its ‘rainy day’ fund and replace them with gold, euros and China’s yuan.

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A History Of Inflationary Money: From 1844 To Nixon

(Alasdair Macleod) So that we can understand the financial and banking challenges ahead of us, this article provides an historical and technical background. But we must first get an important definition right, and that is the cause of the periodic cycle of boom and bust. The cycle of economic activity is not a trade or business cycle, but a credit cycle. It is caused by fractional reserve banking and by banks loaning money into existence. The effect on business is then observed but is not the underlying cause.

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