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%...

Many people are vaguely aware of the so-called One World Government “conspiracy”. While the idea has always been considered a fringe el...

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...

The 5th annual BRICS [1] Summit has wrapped up in Durban, South Africa, and an agreement was signed by the member countries to establish...

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...

Above is data from the Central Bank of Cyprus's Monetary Financial Statement for March 2013 showing total deposits by country of orig...

In a previous post, Crisis In Cyprus , I mentioned that the Euroroup would take action to try to prevent a run on banks in other troubled Eu...

Agreement between the Eurogroup and Cyprus in regards to the bail-out/in has been achieved. The terms were much more sensible than first dis...