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Tag Archives: crash
Compulsory Profits Off the Back of Every American
In the fall of 2009, back when the sky was falling, Goldman Sachs’ top man, Lloyd Blankfein, explained to The Times of London that his bank was doing “God’s work.” At the time we weren’t sure what Blankfein was getting … Continue reading
Sowing the Seeds of Mass Inflation
Around the time Elvis Presley choked on his last pill the impossible happened; inflation and unemployment increased simultaneously. Economists were confounded. According to the Philips curve there was supposed to be an inverse relationship between inflation and unemployment. When the … 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
Posted in Government Debt, Keith Weiner
Tagged collapse, crash, currency, debt, default, dollar, gold
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How the Fed Steals Your Life
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff. You’d think at that price the economy … Continue reading
Posted in Inflation, MN Gordon
Tagged ben bernanke, crash, debt, default, federal reserve, john maynard keynes, oil prices
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