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Archive for the ‘Money’ Category

The Federal Reserve’s assault on the bottom 95% of Americans

30 Oct

“Central banks seeking to boost inflation are waging financial war on the bottom 95% of households.”

Source: The Disaster Of Inflation… For The Bottom 95%

 
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Posted in Business cycle, Crony capitalism, Economy, Federal Reserve, Inflation, Money

 

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

 

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

 

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

 

Deja vu, all over again?  

29 Sep

“Europe’s biggest lender Deutsche Bank has lost more than half of its value since January, posing a threat to the stability of other banks across the continent. Some analysts are worried it could invoke a large-scale crisis, bigger than in 2008.”

Source: Deutsche Bank woes stoking fears of 2008 financial crisis repeat — RT Business

 
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Posted in Banks, Business cycle, Central banks, Crony capitalism, European Union, Money

 

Bear market in 2017?

23 Sep

“Money and credit growth in the U.S. has now become inflationary and is encouraging another bubble in stock markets, according to an economist.”

Source: The Fed’s ‘costly failure’ is leading to a 2017 bear market, economist says

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

 

 Worse Than 1929?

18 Sep

“Greg Hunter’s USAWatchdog.com  Economic expert and best-selling author David Stockman offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!”   Stockman war…”

Source: USA Watchdog Interview: Current Stock And Bond Bubbles Much Worse Than 1929

 

Clueless central bankers

02 Sep

Yallen

“As The World Economy Is Burning Central Bankers Are Clueless By Egon von Greyerz The more things change, the more they stay the same. The financial world loves focusing on some future event that the…”

Source: As The World Economy Is Burning Central Bankers Are Clueless | GoldSwitzerland

 
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Posted in Banks, Crony capitalism, Interest rates, Money, U.S. Dollar

 

The coming collapse of paper money?

01 Sep

92853-004-E3A33057“Alt-Market.com – supporting local economies, barter networks, farmers initiatives, and alternative currencies backed by tangible commodities.”

Source: The Central Banks Are Now Ready To Launch Their ‘Brave New World’

 
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Posted in Banks, Business cycle, Central banks, Crony capitalism, Interest rates, Money

 

Something is rotten in Germany

01 Sep

 

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Source: Deutsche Bank Refuses Delivery Of Physical Gold Upon Demand

 
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Posted in Banks, Corruption, Money

 

You’ve been warned!

29 Aug

Source: How Jim Rogers Is Preparing

 

Evil Harvard professor’s cash proposal

27 Aug

Robert Wenzel trounces  Kenneth Rogoff’s despicable idea.  

 
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Posted in Banks, Black markets, Business cycle, Central banks, Federal Reserve, Money, U.S. Dollar

 

The anti-Fed lefties get it wrong

26 Aug

Robert Wenzel straightens them out.  Click here for his analysis

 
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Posted in Business cycle, Central banks, Federal Reserve, Inflation, Interest rates, Money, Socialism