Tag Archives: federal reserve
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
“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
Blowing Gas
Things sure do change. Several years ago the personnel working the freeway off ramps in Long Beach, California, were immigrants from Mexico. They were selling oranges and roses to working stiffs on the way home from their cubicle jobs. These … Continue reading
