...And the dollar takes off again! USDX up over 83!!!
Doesn't anyone realize that this is only going to help the US economy short term?
The 2009 budget deficit is already over $ 2 trillion for next year, and a stimulus will only add to that! The dollar should be going straight down should it...
The very scenario that Ron Paul has warned us about is upon us. Once again the economy will temporarily "come back" from the brink of disaster as governments around the world print money. When all that money being printed right now hits the system we will see inflation like we have never seen...
This February 2007 article from Gary North puts to question the mentality constantly being perpetrated by the mainstream media and establishment politicians that bull markets must never end and that asset prices must keep rising forever-and that bear markets are "always bad" and that more fiat...
I have been a believer in Austrian economics for several reasons. However I still like to ask the question: Does the Fed print up money at will? Any one who can provide a solid reference to source is welcome. When I read something I can cling to because to me it provides answers to economic...
This late 2001 article covers another economic fallacy-that (hyper)consumerism is what keeps an economy going, especially the US.
Spending oneself into debt by maxing out credit cards and taking out loans that (s)he cannot afford to pay back is not good for the economy, despite what many...
In the wake of the financial (really Fed-invoked) crisis, more Americans are waking up to the greed that is destroying the economy. But (of course), Wall Street still will not learn its lesson. The kind of greed coming out of Wall Street is destroying the economy and the Fed's printing money out...
http://www.bloomberg.com/apps/news?pid=20601087&sid=acxSPUb3AuU8&refer=home
"Sept. 18 (Bloomberg) -- The Federal Reserve, the European Central Bank and the Bank of Japan united with their counterparts around the world to offer an additional $180 billion to markets facing their worst crisis...
What's scary the street was looking only for 5.7%
Rumors had the figure coming in at 5.9%
BOOM: 6.1% UNEMPLOYMENT!
http://www.reuters.com/article/ousiv/idUSN0439189920080905...
The movie Zeitgeist claims that Rockefeller made 200 million off of WWI, which by todays standards is 1.7 trillion. Is this true? That is nearly a 1k multiplication!