How to Cure America’s Ailing Monetary System

How to Cure America’s Ailing Monetary System
Post Date May 27, 2015
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Category Solidus.Center

Some organizations–including this one–have devoted tremendous amounts of time and energy to exposing corruption within our nation’s monetary system, demonstrating how that corruption adversely affects the financial health of average Americans. While we believe that it’s important to try to wake up the American public by screaming from the rooftops about our country’s monetary problems, we believe that it’s equally important to communicate to the common man what a cure for our monetary ills would look like:

Neutering the Federal Reserve

The Federal Reserve is, of course, …

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Busted Metals Traders Distract from Larger Manipulation Problem

Busted Metals Traders Distract from Larger Manipulation Problem
Post Date May 20, 2015
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Category Solidus.Center

Author’s note: Although limiting the Federal Reserve is the core mission of Solidus.Center, it’s also important to expose the egregious behavior of Fed-enabled Big Banks.

Two traders from the United Arab Emirates, Heet Khara and Nasim Salim, were recently suspended for manipulating the price of gold and silver on the Chicago Mercantile Exchange. The two traders utilized a technique called “layering”, the same technique that Navinder Singh Sarao utilized to facilitate the Flash Crash of 2010, which plunged the stock market 600 points in a matter of minutes. …

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Limiting the Fed Would Diffuse Derivative “Time Bombs”

Limiting the Fed Would Diffuse Derivative “Time Bombs”
Post Date December 16, 2014
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In a 2002 letter to shareholders, Berkshire Hathaway CEO Warren Buffett called the trillions of dollars of derivatives held by American banks “time bombs”. The “Oracle of Omaha’s” dire prognostication proved correct in 2008, when the collapse of prices of the assets to which the lion’s share of outstanding derivatives were tied led to a financial crisis that plunged the American economy into a period of economic malaise not seen since the Great Depression.

Derivatives are indeed “ticking time bombs” in this era of Fed-inspired asset …

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Ratigan: The Fed Bought the Big Banks’ Garbage for $14 Trillion

Ratigan: The Fed Bought the Big Banks’ Garbage for $14 Trillion
Post Date December 5, 2014
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In the following video recorded in the wake of the financial crisis, Morning Meeting host Dylan Ratigan explained that the Fed bought the Big Banks’ toxic loans for $14 trillion of the American people’s money, an enormous debt that will have to be paid back in the form of inflation and/or taxes. Furthermore, he noted, the Fed stubbornly refused to reveal exactly what they paid for.

Ratigan highlighted two important points: 1) The Fed not only enables massive malinvestment that yields asset bubbles that ultimately pop …

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