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Archive for the ‘Central banks’ Category

The Gold Takedown…More Manipulation?  

11 Nov

“Out with the old, in with the old.  Wall Street and  the Fed wants to make nice with Trump so as soon as he accepted the next Presidency, the market manipulators went to work on pushing stocks high…”

Source: Gold, Silver Action: The Criminals Are Still In Charge

 
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Posted in Central banks, Corruption, Crony capitalism, Gold, Inflation

 

Is Trump Going to be The Patsy?

11 Nov

“2017 is going to be a bumpy ride, and Trump will make a great scapegoat for what the elite have in store.”

Source: “He Won Because The Elites WANT HIM There, The Global Economy WILL Collapse”

 
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Posted in Business cycle, Central banks, Crony capitalism, Donald Trump, Federal Reserve, U.S. Dollar, Warfare state, Welfare state

 

Would You Lend Any Government Money For 70 Years?

05 Nov

Economics professor Joe Salerno explains the current rush to pay government debt. 

“Last week, Austria issued a 70-year bond, the longest dated sovereign in the Eurozone.?”

Source: What Mises Would Say About Austria’s New 70-year Bond

 
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Posted in Central banks, Debt, Federal Government

 

The importance of free-market interest rates

15 Oct

“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.” Thomas Sowell

Source: Interest Rates and the Marshmallow Test | Mises Wire

 
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Posted in Banks, Business cycle, Central banks, Economy, Federal Reserve, Free markets, Interest rates

 

The insiders are at it again…

15 Oct

“The Gold Manipulators Will Be Punished By Egon von Greyerz The selling of gold we saw last week was another desperate attack by the BIS and some central banks, together with the bullion banks, to…”

Source: The Gold Manipulators Will Be Punished | Matterhorn – GoldSwitzerland

 
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Posted in Banks, Central banks, Crony capitalism, Free markets, Gold, Interest rates, Money

 

The three bubbles

13 Oct

“The chaos that will arise as trillions of dollars, yen, yuan and euros, etc. try to crowd through the fire exits as the asset bubbles pop will be monumental, and the spikes in small asset class prices as the hot money floods in will be equally monumental.”

Source: Where Will The Money Go When All Three Market Bubbles Pop?

 
 

The anti-people central bankers

13 Oct

“The media has again begun focusing on the fact that most Americans surveyed have less than $1,000 in their savings accounts.”

Source: Thanks to Central Banks, Saving Rates Are Declining Worldwide | Mises Wire

 
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Posted in Banks, Business cycle, Central banks, Federal Reserve, Free markets, Interest rates

 

Open memo to Donald Trump

10 Oct

To:  Donald Trump

From:  Murray Sabrin

At last night’s debate you missed an opportunity to make the case that income inequality, reoccurring bubbles and lower living standards for both low and middle-income families are the direct result of the Federal Reserve’s monetary policies.

At the next debate you should spend most of the night talking how the Federal Reserve has caused havoc in the US economy since it began operations in 1914.

You should take out a one-dollar bill and point out that it’s only worth a nickel today, because the Fed’s monetary policy has caused a massive decline in the purchasing power of the greenback.

You should also point out that the Fed’s manipulation of interest rates causes unsustainable booms, and when the economy overheats the Fed tightens credit triggering the inevitable readjustment in the economy, now euphemistically called a recession.

You should also point out that Hillary Clinton’s support of the Federal Reserve means that she endorses the massive redistribution of income from Main Street to Wall Street, because savers have been getting virtually zero interest rates on their savings since quantitative easing began in 2008.  Wall Street is the epicenter of crony capitalism in America.

You should point out that Hillary probably told the bankers in her secret presentations that when she becomes president the Fed will continue to keep the money flowing so they can reap enormous benefits from its cheap money policies.

You should also point out as you have in the past that the bubble we are in courtesy of Ben Bernanke and Janet Yellen will not end well for the US economy.

You should say when I’m president don’t blame me for the next economic downturn, which will be caused again by the Fed’s reckless monetary policies. Recessions are not caused by tax cuts, spending cuts, or deregulation of American businesses.

And point out that the Federal Reserve enables the federal government to take on massive amounts of debt because it keeps interest rates low thereby reducing the Treasury’s interest rate expenses on the national debt.

And this is quite important Donald that you point out, the Federal Reserve makes it easy for the federal government to wage undeclared wars by pumping up the money supply to help pay for the massive military industrial complex we have that Pres. Eisenhower warned us about in his farewell address in January 1961.

Donald, if you want to brush up on the Fed and monetary policy, here are a few suggestions for you to read before the next debate so you will have all the necessary responses to the moderators and Hillary’s cluelessness about how the Fed’s policies adversely affect the economy.

See the essays, articles and books about the Fed here.

I would start with Murray Rothbard’s What Has Government Done to Our Money?, and Robert Wenzel’s The Fed Flunks.

Pointing out the truth about the Federal Reserve, Wall Street and crony capitalism would seal the deal.  And you know all about dealmaking.

 

 

Another failed monetary experiment

10 Oct

Source: The Euro Is Doomed

 
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Posted in Central banks, European Union, Federal Reserve, Gold, Money

 

Out of the blue?  

08 Oct

“Here are nine ‘black swan’ events in recent memory that profoundly changed markets, ranging from the Asian financial crisis of 1997 to the more current Brexit.”

Source: Black Swans: 9 Recent Events That Changed Finance Forever

 

How big will the next one be?

08 Oct

Source: The Next Recession Looms Large | Euro Pacific Capital

 
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Posted in Banks, Business cycle, Central banks, Economy, Federal Reserve, Inflation, Interest rates

 

An Open Letter to Elizabeth Warren on Gold Fraud

05 Oct

“The letter posted below is from Stewart Dougherty.   Elizabeth Warren on the surface purports to represent middle class interests by associating herself with the erection of the Consumer Financial …”

Source: An Open Letter to Elizabeth Warren on Gold Fraud

 
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Posted in Banks, Business cycle, Central banks, Economy, Federal Reserve, Gold, Money

 

Are we at the tipping point?

01 Oct

“THE WORLD IS ON THE EDGE OF A DEFLATIONARY BLACK HOLE The world economy is now at its most dangerous point in history. In virtually every major country or region, there are problems of a magnitude …”

Source: The World is on the Edge of a Deflationary Black Hole | Matterhorn – GoldSwitzerland

 
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Posted in Banks, Business cycle, Central banks, Federal Reserve, Government debt, Money, Precious metals

 

Scott Garrett, Donald Trump and others on why the Fed is the problem

29 Sep

“Now that’s more like it. Echoing Donald Trump’s Monday night bull’s-eye regarding the Fed’s thoroughly political essence, Rep. Scott Garrett put more wood to Janet Yellen du…”

Source: The Fed’s Monetary Politburo Is Finally Catching Some Flack

 
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Posted in Business cycle, Central banks, Crony capitalism, Debt, Donald Trump, Economy, Federal Reserve, Hillary Clinton, Politics

 

My Sept. 27 interview about Trump, Clinton and presidential politics

29 Sep

“As we have seen in the past 4 years and all throughout history, socialism doesn’t work. Quite frankly most of us understand the principle of redistribution of wealth is a robinhood effect. 6 years after the…”

Source: We’re Back! What’s Life Like Under A Trump Presidency