Tag Archives: federal reserve
On Price Distortions and Landmines
Former Federal Reserve Chairman Alan Greenspan told CNBC on Friday that the Dow’s new highs and 10-day run were not the result of “irrational exuberance.” On cue, the Dow took a 25 point nose dive…closing out the day with its … Continue reading
Dead Wrong
New evidence was revealed last week further confirming that not only is President Obama a doomsayer…he’s a liar too. The first of the President’s deceits was amusing hyperbole. The second was pure humbug. Still, they were nothing compared to some … Continue reading
The Great Money Caper
Several weeks ago we alerted you to the burgeoning currency wars and the new age of desperation. If you recall, nations, in unison, are attempting to export their way to prosperity by killing their currencies. Unfortunately, if everyone’s doing it, … Continue reading
The United States Can’t Afford Prosperity
Earlier this week it was revealed that something remarkable and totally unexpected happened during the fourth quarter of 2012. The economy didn’t grow. It shrank. “Real gross domestic product – the output of goods and services produced by labor and … Continue reading
