Tag Archives: collapse
Mass Delusions of Cupcakes and Credit
According to the Commerce Department, the U.S. economy grew at an annual rate of 2.2 percent during the first quarter of the year. Like the economy, something doesn’t feel quite right about this number. But what is it, really, that … Continue reading
Monetary Policy, Explained
Minutes from the March 13 Federal Open Market Committee meeting were released Tuesday afternoon. Upon perusing the record of proceedings, Wall Street was shocked to discover there was no discussion of monetary easing options. Traders promptly sold. Then, on Wednesday, … Continue reading
Japan Will Take the World’s Breath Away, Part II
The National Bureau of Economic Research marks June 2009 as the end of the Great Recession. That means the United States economy has been in recovery for nearly three years. Semantically this is accurate…all the stimulus and monetary easing has … Continue reading
Is Gold Backwardation Now Permanent?
Is Gold Backwardation Now Permanent? By Keith Weiner, Casey Research Worldwide, an incredible tower of debt has been under construction since President Nixon’s 1971 default on the gold obligations of the US government. His decree severed the redeemability of the … Continue reading
