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Monthly Archives: June 2014
I Owe My Soul
I Owe My Soul By Jeff Thomas, International Man In 1946, an American singer, Merle Travis, recorded a song called “Sixteen Tons.” The song told the story of a poor coal miner in Kentucky, who lived in a small coal … Continue reading
Posted in Jeff Thomas, Politics
Tagged debt servitude, digital currency, ecb, negative intereset rates, quantitative easing
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The Paradox of Fed Credit
Last Tuesday the Bureau of Labor Statistics reported the Consumer Price Index increased 0.4 percent in May and 2.1 percent over the last 12 months. That means if you didn’t get a 2 percent raise this year you’re doing worse … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, debt, federal reserve, food prices, janet yellen
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Plume Economics
Central banking, dishonest money, and big bank bailouts. Earlier this week we referred to these as a trifecta of depravity. We also noted how through the Fed’s mechanism of mass money creation financial assets – overwhelmingly owned by the wealthy … Continue reading
Posted in Inflation, MN Gordon
Tagged central banks, dishonest money, federal reserve, money creation, rigged markets
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The Trifecta of Depravity
You don’t have to look very far these days to see economic disparity, divergence, and contrary counterparts. The rich have never had it so good. A rising stock market, rising home values, and record corporate profits have the top 10 … Continue reading
Posted in Economy, MN Gordon
Tagged federal reserve, government meddling, inequality, john maynard keynes, paul krugman, thomas piketty
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