Central Banks

John99's picture

For my children: "The Money Scam (as explained to Grandma)"

This is my effort to awaken the sleeping sheeple. Comments are welcome and if you like it, pass it on.


Thanks to many here at the CM site, especially, "End the Fed - Larry"

Trinity's picture

Rust Discovered On Bank Of Russia Issued 999 Gold Coins

Here's an interesting tidbit from Zero Hedge about some gold coins issued by the Russian Central Bank which have developed "rust" spots. Gold that rusts? Curiouser & curiouser...

John99's picture

The Liberation Essays, No. 1

An excellent essay, and my favourite part:

In 1984, a US Presidential commissioned panel, the Grace Commission, discovered that 100% of income taxes levied by the IRS upon all US citizens, are “absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government.”

100% of all income taxes levied upon US citizens are either


The Martenson Insider - October 14, 2009

In This Newsletter
  • The Sound of One Hand Clapping - What Deflationists May Be Missing
  • Central Banks Buy More Than 100% of US Government Debt
  • Essential Tidbits
npwebb's picture

IMF to sell 400 tons of Gold

IMF announced Friday that approval has been granted for the sale of 400 tons of gold.

I'd expect to see China to buy a large sum. 

Is there any way to monitor how much of the money raised by IMF will be used to support new SDR issues?



The Martenson Insider - September 18, 2009

In This Newsletter
  • Another Huge Miss - Money Floods Out of the US in July
  • Flow of Funds Analysis - Big Declines in Credit Market Debt (Except for Government)
  • Insider Essential Weekend Reading - September 19-20, 2009 

How This All Ends


I've recently been asked why I've released a few  Martenson Reports to the non-paying public.  There are several reasons why I decide to do this. 

One is that I find that my reports are being posted to various public websites.  My choices are to either go after all of these sites (very expensive and time-consuming) or to release the report myself and therefore gain some of the traffic and credit for its content.

Another, as was the case for "The Shell Game," was because I was informed by a major investment house that they had a report coming to similar conclusions that was soon to be released.  Again, given the choice between preserving this content for paying members only and securing some of the credit for the line of reasoning contained therein, the choice seemed obvious.

A third reason is that sometimes I feel the content demands a wide distribution.

Finally, I sometimes decide to release reports because the value they had was largely contained within their timeliness (and accuracy!).  So I release them as a form of advertising in order to continue to build towards a sustainable business model.

I hope that explains my motivations and thinking behind "where to draw the line" with respect to public/private content.

As always, be sure to visit the Martenson Insider area, where the vast bulk of my thoughts and topical observations are reserved for enrolled members only.

Now, on to this week's Martenson Report, which builds off of The Five Horsemen.

Your faithful information scout,

Chris Martenson
» Read more


The Shell Game - How the Federal Reserve is Monetizing Debt

Executive Summary

  • The Federal Reserve and the federal government are attempting to "plug the gap" caused by a slowdown of private credit/debt creation.
  • Non-US demand for the dollar must remain high, or the dollar will fall.
  • Demand for US assets is in negative territory for 2009
  • The TIC report and Federal Reserve Custody Account are reviewed and compared
  • The Federal Reserve has effectively been monetizing US government debt by cleverly enabling foreign central banks to swap their Agency debt for Treasury debt.
  • The shell game that the Fed is currently playing obscures the fact that money is being printed out of thin air and used to buy US government debt.

The Federal Reserve is monetizing US Treasury debt and is doing so openly, both through its $300 billion commitment to buy Treasuries and by engaging in a sleight of hand maneuver that would make a street hustler blush. 

This report will wade through some technical details in order to illuminate a complicated issue, but you should take the time to learn about this because it is essential to understanding what the future may hold.

One of the most important questions of the day concerns how the value of the dollar will fare in the coming months and years. If you are working for a wage, it is essential to know whether you should save or spend that money. If you have assets to protect, where you place those monies is vitally important and could make the difference between a relatively pleasant future and a difficult one.

There are three major tripwires out there, any of which could rather suddenly change the game, if triggered. One is a sudden rush into material goods and commodities, occurring if (or when) the truly wealthy ever catch on that paper wealth is a doomed concept. A second would occur if (when) the largest and most dangerous bubble remaining, government debt, finally bursts. And the third concerns the dollar itself.

In this report, we will explore the relationship between those last two tripwires, government debt and the dollar. » Read more

johnbryson's picture

Who owns the central banks

Here’s are some documentaries that detail an alternative version of the truth of the financial crisis and the changes occurring in the world – than what we are hearing in the official news. A prominent Spanish professor of structural economics called Jose Luis Sampedro said a few years ago that we live in a world with two problems which if not stopped would have catastrophic consequences on the world. These problems are: