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Monthly Archives: June 2012
Faux Capitalism and the Great Middle Class Debt Anchor
Economies, like ocean tides, rise and fall. So, too, they fall and rise. Sometimes a rising tide floats up all boats…even those captained by freeloaders. Other times a falling tide pulls down vessels crewed by even the most industrious deckhands. … Continue reading
Posted in Government Debt, MN Gordon
Tagged business cycle, debt, default, federal reserve, middle class
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The Greatest Fraud of All
“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, congress, federal reserve, government meddling, monetizing debt
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Suffering Under Improper Banking Practices and Government Monetary Laws
Suffering Under Improper Banking Practices and Government Monetary Laws By Michael S. Rozeff, LewRockwell.com Improper Means of Exchange There are many ways in which human beings have created means of exchange (currency, means of payment, money) that have worked successfully … Continue reading
Posted in Michael Rozeff, Politics
Tagged banking, currency, debt, freedom, legal tender
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Stimulus and Spasmodic Economics
Nerves are fried. Hands are shaky. Triggers fingers are happy. “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help. The DOW’s fallen 1,258 from its May 1 … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, currency, debt, dollar, federal reserve, interest rate, monetizing debt, QE2
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