Bart Klein Ikink

Bart Klein Ikink Articles

Less than 1% of foreign exchange transactions are made for trading goods and services. More than 80% are made for exchange rate speculation. Every three days an entire year's worth of the European Union's GDP of € 13 trillion is traded in...
Natural Money is interest-free money with a holding tax. The maximum interest rate on money and loans is zero and there is a tax on currency. The tax may range from 0.5% to 1% per month. You don't have to pay the holding tax on money lent...
Interest rates have gone down in recent decades. Most economists think that they will go up again. But what if the opposite happens? What if negative real interest rates become the new normal? That seems unthinkable. Yet, negative interest...
Interest on money causes financial instability and contributes to economic cycles. Governments and central banks try to reduce financial instability and economic cycles. Because of their measures, many people think that they are safe. This...
The California Gold Rush began on January 24, 1848 when gold was found by James W. Marshall at Sutter's Mill in Coloma.