Tag Archives: monetizing debt
Collective Destruction
Last Tuesday we remarked that Mario Draghi and the European Central Bank were receiving valuable on the job training. Most notably, that money creation operations are much harder to stop than to start. By Thursday, Draghi confirmed he’s an astute … Continue reading
Violating the Promptings of the Economy
I left my heart in San Francisco High on a hill it calls to me To be where little cable cars climb halfway to the stars The morning fog may chill the air, I don’t care My love waits there … Continue reading
How Does Gold Fare During Hyperinflationary Periods?
How Does Gold Fare During Hyperinflationary Periods? By Jeff Clark, Casey Research Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we’d like to know if the … Continue reading
The Greatest Fraud of All
“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading