Author Archives: Zarathustra

About Zarathustra

BS Business Management (magna cum laude), Park University, Parkville, MO (1992) AS Medical Laboratory Technology, Community College of the Air Force (1987)

6 Myths about Money & Banking – Josh Ryan-Collins

Posted on May 5, 2012 by Zarathustra

Josh Ryan-Collins, author of the book Where Does Money Come From?, explains how banks create money, out of thin air, through the accounting process they use when they make loans. He also addresses 6 common myths about money and banking … Continue reading →

Posted in Money | 18 Comments

BASICS – Federal Funds

Posted on February 9, 2012 by Zarathustra

Federal Funds are collectively the reserve accounts of commercial banks held with the Federal Reserve Banks. There is a statutory minimum reserve requirement for commercial banks to maintain 10% of…Federal Funds are collectively the reserve accounts of commercial banks held … Continue reading →

Posted in Money | 5 Comments

Deeper Roots of World Financial Crisis – Bernd Senf

Posted on April 4, 2011 by Zarathustra

In Europe, Dr. Bernd Senf, Professor emeritus of Economics at the University of Economics (FHW) Berlin, is something of an Internet star as a result of his interviews regarding the…In Europe, Dr. Bernd Senf, Professor emeritus of Economics at the … Continue reading →

Posted in Money, World Economic News | Tagged , | 13 Comments

Beyond Food Miles

Posted on March 11, 2011 by Zarathustra

Originally posted Mar 9, 2011 on the Post Carbon Institute website by Michael Bomford. NOTE: The following article is concerned strictly with the energy equation of the food sytem and…Originally posted Mar 9, 2011 on the Post Carbon Institute website … Continue reading →

Posted in Energy, Transition | 8 Comments

Bernanke Unveils ‘State of the Economy’ Report (partial transcript from C-SPAN)

Posted on March 1, 2011 by Zarathustra

long-term rising oil price concern WASHINGTON, DC Tuesday, March 1, 2011 Senator Mark Kirk, R-Illinois Federal Reserve Chairman Ben Bernanke Opposition to State bailout? Accelerated borrowing to bail out States?…long-term rising oil price concern WASHINGTON, DC Tuesday, March 1, 2011 … Continue reading →

Posted in Money | Tagged , , , , , , , , , , | 1 Comment