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You are here: Home / Archives for Yalman Onaran

Larry Parks Interviews Yalman Onaran – Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy

June 7, 2015 by Larry Parks

Zombie banking has become standard operating procedure for big debtor nations. They prop up failing institutions, print money, and avoid financial corrections. But in an attempt to prolong the inevitable, bigger problems are created. The approach used now has not, and will not, work. This timely book reveals why. Zombie Banks tells the story of […]

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Filed Under: Banks, Debt, Federal Reserve, Monetary System Tagged With: Banks, bloomberg news, Yalman Onaran, zombie banks

JOIN THE FIGHT FOR HONEST MONEY BUTTON 6-14-15

Meaningful Insights

“Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.” 

— John Maynard Keynes,  The Economic Consequences of the Peace, 1920, page 235ff

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