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Peter Souleles

Peter Souleles Articles

One of the great things about living in a democracy is that citizens have the freedom of speech. It is a freedom that is exercised without the fear of bodily harm, but always with the possibility of disagreement, correction and sometimes a...
"We're not going to have.... a second wave of financial crisis..... We'll do what is necessary to prevent that.......and that is completely within our capacity to prevent." The above statement was made by Treasury Secretary Timothy...
There are some that will tell you that the world's first central bank was the Riksbank of Sweden established in 1668, and others maintain that it was the Bank of England in 1694. Whether it was one or the other is irrelevant as both...
Perhaps the greatest weakness of man is his unceasing effort to defy history, and in the process, he simply apes its previous disastrous outcomes. Not only that, he also portends the distant future with the sagacity of a biblical prophet...
THE PILLARS OF BORROWING AND HOW THEY WERE PUSHED ASIDE
So you've lost or almost lost your job, your home, your savings, and your investments. Perhaps your marriage and family are next along with your dignity, your peace of mind and even your sanity. That's a lot of 'yours' I've used, but it's...
Dear Mr Bernanke, YOUR HEALTH AND YOUR JOB I think you might be losing some sleep and are stressed due to work related problems. It is clear that you are a clever man but I am not sure that you have a free hand in writing your own script....
God love him, that Jon Nadler. He can make a sentence out of two words and has some incredible turns of phrase, as well as eye catching titles to his pieces. But like my fellow contributor (Jeff Nielson) I am also getting increasingly...
It was Mark Twain who said "there are three kinds of lies: lies, damned lies, and statistics." Benjamin Disraeli actually said it before Mark Twain in different words and since then many more have repeated the phrase. But even truths can...
There are currently serious "wars" being conducted within the boundaries of the USA. They are between lenders and borrowers, taxpayers and social security recipients, governments and private enterprise, politicians and politicians, well...

The Federal Reserve Bank of New York holds the world's largest accumulation of monetary gold.

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