Tag Archives: collapse
“We Know Better!”
Monetary intervention into credit markets is much easier to start than to stop. In fact, once started, monetary intervention is nearly impossible to stop. Just ask Fed Chairman, Ben Bernanke. He’s promised to expand the Fed’s balance sheet by over … Continue reading
Welcome to Life After the End of the World
“It’s important to rescue the frog.” – Al Gore Jr., Nobel Prize Laureate. The Great Conmen of Our Day Known unknowns are commonly unsettling. People pay good money for the comfort of a favorable prediction, particularly when it’s from someone … Continue reading
Jump!
“If we right away say 98 percent of Americans are not going to see their taxes go up – 97 percent of small businesses are not going to see their taxes go up,” said President Obama on Wednesday. “If we … Continue reading
The Temporary Madness of an Ugly Mathematics World
There are obvious contradictions in government finance that are both shocking and absurd. There are opposing forces colliding before us with consequences hardly a soul can escape. To sum up the plot, there’s the soft delusion of prosperity through public … Continue reading
