" You would have thought that they would have gotten someone a whole lot less obvious to produce this propaganda piece, but apparently they did not think anyone would notice. Of course an economics editor of The Economist is going to defend the Federal Reserve. He would be fired if he didn't. The Economist is well known to be a mouthpiece for the international central banking establishment. But what is really sad is how poor a job Greg Ip did in defending the Fed. If these are the best intellectual arguments they can come up with then they are in huge trouble."
Showing posts with label Inflation. Show all posts
Showing posts with label Inflation. Show all posts
Wednesday, November 17, 2010
Tuesday, November 16, 2010
Taleb Says Fed Doesn't Understand Risks Of Quantitative Easing
"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."
-- Napoleon Bonaparte
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See him HERE.
-- Napoleon Bonaparte
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See him HERE.
Saturday, November 13, 2010
Friday, November 12, 2010
VERY SCARY: Mortgage Fraud Deposition
"The Great Depression was caused by Federal Reserve expansion of the money supply in the 1920s that led to an unsustainable credit-driven boom. When the Federal Reserve belatedly tightened in 1928, it was too late to avoid financial collapse. According to Murray Rothbard, in his book America's Great Depression, the artificial interference in the economy was a disaster prior to the depression, and government efforts to prop up the economy after the crash of 1929 only made things worse. Government intervention delayed the market's adjustment and made the road to complete recovery more difficult. The parallels with today are uncanny."
-- James Quinn
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Yep.
-- James Quinn
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Yep.
Thursday, November 11, 2010
Food Sellers Grit Teeth, Raise Prices
Packagers and Supermarkets Pressured to Pass Along Rising Costs, Even as Consumers Pinch Pennies
There is a huge disparity in commodity prices (red line) and the cost of food (blue line).
There is a huge disparity in commodity prices (red line) and the cost of food (blue line).
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Labels:
Buy Now,
Food Prices Going Up,
Inflation,
Prepare
Tuesday, November 2, 2010
Sunday, October 10, 2010
Social Security Going Down While Everything Else Goes Up
WASHINGTON, Sept. 21 /PRNewswire-USNewswire/ --" The combination of rising Medicare premiums and no annual cost-of-living adjustment (COLA) would reduce Social Security payments for about 23 million of the nation's seniors in 2011, according to The Senior Citizens League. This figure represents two-thirds of the 37 million seniors who receive Social Security benefits"
"Of course we don't count in the word 'inflation' any of the following:"
Corn: Almost doubled in three months
Oats: More than doubled in four months
Wheat: Close to double in four months
See the charts HERE.
Labels:
Food Prices Going Up,
Inflation,
Medicare Premiums Up,
No COLA
Thursday, August 12, 2010
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