Uncommon Sense - A Blog About Everything

"Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program mean...

The Treasury and Federal Reserve have been reporting that the inflation rate is "running somewhat below" their target rate of 2.0%...

The existence of the Euro-dollar market increases the total amount of dollar balances available to be held by nonbanks throughout the...

Since my time at REFCO (yes, that REFCO) I have maintained that gold is the most manipulated market in the world, behind fiat currencies of...

The Federal Reserve has been “printing money” on a massive scale for the last several years in support of various stimulus programs;  a...

This blog was created to simplify the alchemy of economics. Economics is not rocket science, . I maintain that it isn't even a scie...

The Euro has essentially been split in two. There is the Cyprus Euro and the Everywhere Else Euro. Currency trapped in Cypriot banks is...

This is a chart of how much money Federal Reserve member banks have on deposit in excess of what is legally required. WE are paying ...

In a previous post, Financial Crisis , it was mentioned that Federal Reserve Notes are not backed by anything other than the "Full Fai...

1. Hard Money. A form of currency is established to facilitate commerce. In order to gain acceptance the currency is backed by something o...

The financial meltdown we are experiencing (it is not over by any means) could, and was, predicted long ago. In the same vein, what will ...